Ethica Group, through its M&A Advisory team, assisted the shareholders of Bluclad S.p.A. – an Italian company specializing in the development and production of galvanic solutions for the luxury sector, part of LBO France’s portfolio since 2018 – in the sale to YKK Corporation, a Japanese group and global leader in the production of fastening systems and accessories (zippers and sliders).
Founded in Prato in 2008, Bluclad is Italy’s leading provider of surface treatments for metal accessories, offering galvanic and cataphoretic coating solutions. Recognized as a benchmark for innovation in the surface treatment market, Bluclad delivers tailor-made, cutting-edge galvanic solutions with high-quality standards and a uniquely high level of service. Thanks to its in-house R&D division, the company can conduct specific tests that ensure exceptional product reliability and durability, along with globally significant patents.
Historically focused on the high fashion and luxury metal accessories market – where it holds a market share of over 50% – Bluclad has gradually expanded into other end markets, developing and marketing galvanic solutions for the jewelry and eyewear industries.
Through its integration with Bluclad, YKK will be able to strengthen its leadership by offering fastening solutions with high-quality galvanic finishes, particularly for the luxury segment. This will enhance its global value proposition and promote highly sustainable, low environmental impact treatments.
In the context of the transaction, Bluclad’s shareholders were advised on financial matters by Ethica Group’s M&A Advisory team, composed of Stefano Pastore, Roberto Liguori, Jacopo de Maio and Lorenzo Berardicurti.
