Tastitalia

Ethica Corporate Finance advised the shareholders of Tastitalia in the sale of the majority to Lifco AB

Ethica Corporate Finance advised the shareholders of Tastitalia – an Italian manufacturer of customized Human Machine Interface (HMI) solutions for multiple end-markets, such as professional coffee machines, industrial automation, automotive, medical, defence and aerospace – in the sale of a majority stake to Lifco AB, a Swedish holding company acting as a permanent capital investor and listed on the Stockholm Stock Exchange. Tastitalia’s shareholders will continue to manage the company and will retain a minority stake.

Tastitalia is active since 1982 as a supplier of high value-added HMI solutions for critical applications: the Company was founded as an operating branch of Somacis Group by the actual shareholders, who then acquired it through a Management Buy Out transaction in 2016.