Transaction details
Tecnoplast
Ethica Group with Sviluppo Sostenibile (DeA Capital Alternative Funds SGR) in the acquisition of Tecnoplast
Ethica Group, with the M&A Advisory and Debt Advisory teams, acted as financial advisor in the entry of Sviluppo Sostenibile, a private equity fund specializing in investments in Italian SMEs with the promotion of ESG issues managed by DeA Capital Alternative Funds, in the capital of Tecnoplast, leader in the production and marketing of PVC and aluminum frames.
This transaction is part of the industrial development and growth plan of Tecnoplast, outlined by the Founder and President Enzo Cammilini and defined subsequently at the entry of the Chief Executive Officer, Luca Selvatici. With the support of Sviluppo Sostenibile, Tecnoplast intends to continue the path of organic development, which in the last three years has seen it almost triple its turnover, with the further objective of penetrating foreign markets and becoming a consolidation platform in an extremely fragmented market. Both Cammilini and Selvatici will remain within the company with minority shareholdings in order to ensure management continuity.