Transaction details

Biemme

Ethica Global Investments acquired a stake of approx. 40%, of Elledue S.r.l., controlling holding of Ideal S.r.l. and Biemme S.r.l.

Ethica Global Investments acquired, through a capital increase, a qualified minority stake of approximately 40% of Elledue Srl, controlling holding of Ideal Srl, focused on engineering and production of components for small metal parts for glasses, and of Biemme Srl, leader in surface finishing, electroplating and varnishing for eyewear.

Biemme, founded in 2000 in Valdobbiadene (Treviso) specializes in surface treatments (electroplating and varnishing) and manufacturing (plating, glazing and laser engraving) for Luxury and High-end eyewear. 100% of the production and components used by Biemme is Italian, thanks to a team of about 60 employees who work in a production site of around 2,000 square meters in Valdobbiadene.