# 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.

- Type: Acquisition
- Announced: 2020-01-30
- Where: Liscate (Milano), Italy
- Status: completed
- Products: PTFE tapes, PTFE filaments
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Ethica Global Investments](https://endata.com/companies/13295.md) (acquirer)
- [Resitape](https://endata.com/companies/44891.md) (target)
- [Lanificio dell'Olivo](https://endata.com/companies/48193.md) (target)

## Sources

- [resitape.com](https://www.resitape.com/ethica-global-investments-acquires-a-majority-stake-in-resitape/), 2020-01-30: "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."
- [lanificiodellolivo.com](https://lanificiodellolivo.com/news/news-and-press/acquisition-with-participation-of-management/), 2020-06-29: "Ethica Global Investments S.p.A. acquired from Gradiente I Fund and Firme SpA, controlled by the original founders, the totality of the equity of Lanificio dell'Olivo S.p.A."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.