Transaction details
Sicatef
Ethica Group with Sicatef and Luxenia Umbro Tiberina in the sale to Entangled Capital
Ethica Group, with the M&A Advisory team, acted as sell-side advisor in the sale to Entangled Capital of Sicatef and Luxenia Umbro Tiberina, both Italian companies active in the production and marketing of tubular glass vials for the pharma market.
Thanks to the addition of Sicatef and Luxenia into the Alphial group, born in 2020 from the merger of the SM Pack and Crestani companies, and now 70% owned by Entangled and 30% by Capital Dynamics, Entangled creates the largest European producer of glass vials for the pharmaceutical and cosmetic sectors, with a total production capacity of over 1.5 billion pieces per year.