$1.9 billion • Medical packaging • Italy
Covid-19 vaccines are housed in tiny glass vials—many of them made by the family-owned Stevanato Group, where
Stevanato, 78, is the chairman of the board emeritus. Stevanato
Group is supplying vials for about 15% of the Covid-19 vaccines tracked by the World Health Organization. That includes 100 million vials shipped to a Gates Foundation–backed group that’s helping to scale 10 different vaccines, including those from Moderna and AstraZeneca.
Founded on the outskirts of Venice in 1949 by Sergio’s father, Giovanni, the Stevanato
Group started out making glass bottles for wine before pivoting to the pharmaceutical industry in the 1960s. Sergio stepped down as CEO in 2010 but still owns a 68% stake in the company; his son Franco is executive