Ethica Group, through its M&A Advisory team, supported F&P Equity Partners – an independent private equity firm established in 2023 as an evolution of F&P4BIZ – in finalizing the acquisition of Nachmann S.r.l., an Italian company that is a leader in the specialty chemicals sector.
Founded in 1975, Nachmann is now an international group headquartered in Milan, with production facilities in the province of Lodi and in Thailand. It specializes in the formulation and sale of high-tech specialty chemical products for various industries, including plastics, automotive, wind energy, composites, lubricating greases and batteries. Originally a small trading company focused mainly on composite materials, Nachmann now boasts consolidated revenues of over €40 million and operates in its target market through two business units: the “Friction” division (via its subsidiary Quartz), which produces metallic sulphides for brake pads, industrial vehicles and trains; and the “Plastics, Composites and Greases” division, which focuses on additives and specialty chemicals for plastics, composites, greases and industrial lubricants.
The goals of the transaction for F&P Equity Partners and the Cotilli family include accelerating business development through a buy-and-build strategy, investing in R&D and expanding further into international markets.
The Cotilli family, founders and managers of the company until now, will retain a minority stake and continue to hold key roles, ensuring managerial continuity.
In the context of the transaction, F&P Equity Partners was advised by Ethica Group’s M&A Advisory team, with Filippo Salvetti and Alessandro Corina acting as financial advisors.