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New Deal


Announced

Completed

Ethica completed the €15m investment in Resitape.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For68%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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pressure sensitive tape

Friendly

Domestic

Private Equity

Completed

Single Bidder

Majority

Diversified Industrials

Italy

Acquisition

paste extruded polytetrafluorethylene

Private

Synopsis

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Investment firm Ethica completed the €15m investment in Resitape, a company specialized in the manufacturing of tapes and yards in PTFE addressed to a various number of industrial applications. Financial terms were not disclosed. "The company’s performance is above the industry average. The company has ambitious plans for growth both domestically and internationall," Resitape.

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