Transaction details
ETEK
Ethica Group supports ETEK in the sale to NEXTCHEM (MAIRE)
Ethica Group, through its M&A Advisory team, advised the shareholders of ETEK, an Italian company specialized in large-scale technologies and solutions for the upstream and downstream treatment of metals from large waste streams, in the sale of a majority stake to NEXTCHEM, a subsidiary of MAIRE and head of the Sustainable Technology Solutions business unit.
The transaction involves the acquisition of a 70% stake in ETEK, which fully owns its subsidiary SISEMTEK, a company specialized in the construction of large-scale TBRC (Top Blown Rotary Converter) furnaces and other key equipment supporting the industrial-scale application of ETEK’s technology platform.