Transaction details
WeBlade
Ethica Global Investments (EGI) sells Portfolio Company WeBlade to IGI Private Equity
Ethica Global Investments (EGI), the investment company promoted by Ethica Group, announces the sale of its portfolio company WeBlade, a unique industrial platform and one of the global leaders in the steam and gas turbine blade supply chain, to IGI Private Equity, an independent private equity firm focused on investments in Italian companies.
With the support of IGI, WeBlade aims to further strengthen its global positioning in the outsourced blade manufacturing market. Alongside continued organic growth, the company plans to pursue a buy-and-build strategy aimed at consolidating the sector, diversifying into high value-added applications, and expanding geographically, with a particular focus on the United States.