Transaction details
PPM
Ethica Group alongside Auctus as M&A and Debt Advisor in the acquisition of PPM Industries
Ethica Group, with the M&A and Debt Advisory teams, acted as financial advisor to Auctus in the buy-side coordination of the acquisition, in partnership with Matteo Pellegrini, of the majority of PPM, a leading manufacturer in Europe in the masking tape market.
Founded in 1993, with headquarters in the province of Bergamo, PPM has established itself over the years as a European leader in masking tapes, adhesive tapes and paper packaging tapes production. Today PPM operates through 4 production plants, two in Italy, one in the UK and one in India, serving various international markets, such as DIY, construction and the automotive aftermarket, both with private label solutions (B2B – in partnership with Blue Chip International Companies), and through its brand Q1 Premium Masking Solutions (B2B / B2C), launched in 2016, employing overall a total of about 500 people.
Matteo Pellegrini and Auctus will jointly pursue strategic development initiatives, entering new geographical areas and vertical markets, both organically and through acquisitions and / or joint ventures.