Oikia 3, a company owned by Rinaldo Invernizzi, has completed the acquisition of a 95% stake in Barovier&Toso from Officina dell’Arte (investment vehicle held by AVM Private Equity and DVRCAPITAL) and Vetrai28 (controlled by the Barovier family). After almost five years since its initial investment, Officina dell’Arte hands over 80% of the shares of the Company, while Vetrai28 and Mr. Iacopo Barovier remain invested, although with a reduced participation. Iacopo Barovier has been confirmed as President and Chief Executive Officer, hence safeguarding the Company’s historic traditions and ensuring management continuity.
Barovier&Toso, historic Murano glass manufacturer established in 1295, is one of the 10 oldest companies in the world. The Company manufactures lighting systems in artistic glasswork and is one of the most prestigious brands in its sector. DVRCAPITAL exited successfully from its investment in Barovier&Toso | June 2015