Ethica Global Investments acquires 67.5% stake in Resitape

Ethica Global Investments S.p.A., together with co-investors, acquired 67.5% of Resitape srl, a PTFE tape and filament manufacturer based in Liscate, Italy. The deal was a leveraged buy-out with the current owners retaining a 23% stake.

“Ethica Global Investments S.p.A., together with other co-investors, has acquired 67,5% of Resitape srl, a company engaged in the production of tapes and filaments in Polytetrafluoroethylene (PTFE), destined for numerous industrial applications.”resitape.com

• 2 sources
• resitape.comEthica Global Investments acquires a majority stake in Resitape – ResitapeAntoninoJan 30, 2020
• lanificiodellolivo.comAcquisition with participation of management | Lanificio dell'OlivopcWC48nmPaJun 29, 2020

Summarized from public sources; check the original articles before acting on it.