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Private Equity | Consumer & Retail

Trend Glass has acquired GALA Group from Equistone

September 2025 — The acquisition of GALA Group GmbH, a portfolio company of the German private equity firm Equistone Partners Europe, has been successfully completed by Trend Glass Sp. z o.o. As a long-term, financially strong strategic investor, Trend Glass will leverage its industry expertise to build on GALA Group’s established position in scented candles and home fragrances, while enhancing its global partnerships with leading consumer goods brands.

Trend Glass is a leading Polish B2B manufacturer of glass products, including kitchenware, vases, bottles and jars for candle holders. Founded in 2003 and headquartered in Radom, Poland, the company produces approximately 300 million pieces annually for over 300 customers worldwide. Trend Glass ensures high-quality standards through a combination of automated and manual testing processes. It is committed to sustainability by pursuing a climate-neutral strategy and participating in environmental, social and governance (ESG) certification programs. A trusted supplier to the GALA Group for over 10 years, Trend Glass is part of the family-owned Trend Group, which operates across the glass and energy production sectors, as well as in energy trading, logistics and real estate.

Headquartered in Ansbach, Germany, GALA Group manufactures candles, room fragrances and home décor, serving private labels as well as both mass-market and premium brands. Its products are distributed exclusively through B2B channels. GALA Group’s clientele includes a range of well-known retailers in Germany and internationally. With production facilities in Germany, Hungary, Poland and India, and a workforce of approximately 3,200 employees, the company generates annual revenues exceeding US$235 million (€200 million).

Equistone Partners Europe is an independent private equity firm focused on supporting mid-sized businesses across Western Europe. The firm partners closely with management teams to drive sustainable growth, typically through a combination of operational improvements and strategic acquisitions. With offices across several key European markets, Equistone positions itself as a long-term partner that combines financial backing with hands-on support to strengthen and expand its portfolio companies.

Our role in the transaction

Oaklins’ teams in Poland and Germany successfully advised Trend Glass on the buy-side as financial and M&A advisors in this acquisition.

Parties

Talk to the deal team

Christoph Rummelt

Director
Hamburg, Germany
Oaklins Germany

Maciej Szalaj

Principal
Warsaw, Poland
Oaklins Poland

Thorben Hinderks

Senior Associate
Hamburg, Germany
Oaklins Germany

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