Scotto Partners is advising Verescence's management team on its acquisition by Movendo Capital and Draycott

Scotto Partners advised Verescence’s management on the conclusion of an exclusivity agreement between Stirling Square Capital Partners and a consortium comprising Draycott and Movendo Capital, with a view to acquiring 100% of Verescence’s equity.

Verescence is a company specializing in glass bottles for the fragrance and cosmetics industries. With 120 years of expertise, Verescence has become a key partner to iconic brands in the beauty industry. The company operates four glass manufacturing plants and five decoration facilities in France, Spain, the United States, and South Korea, producing more than 600 million bottles each year.

Verescence's management was advised by Scotto Partners, with a team consisting of Claire Revol-Renié (partner) and Jérôme Commerçon (partner), supported by Alexandre Zouhal, Pierre-Henri Abadie, and Ugo Storch.

Bredin Prat advised Movendo.

Gibson Dunn advised Draycott.

Mayer Brown advised Stirling Square Capital Partners.

Scotto Partners is a high-end boutique firm specializing in advising executives, founders, entrepreneurs, managers, and family shareholders, and its independence from financial investors is a hallmark of the firm.

In addition to its recognized expertise in negotiating and structuring management packages, the firm has developed leading expertise in leveraged transactions (LBOs, mergers and acquisitions, initial public offerings, restructurings, capital raises, etc.) and covers all the disciplines required for these types of transactions.