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Ethica Group – Ethica M&A Advisory with Morganti S.p.A. (Kapriol) in its sale to Groupe RG (Ardian and Latour Capital)

Ethica Group, through its M&A Advisory team, advised Morganti S.p.A., a long-established Italian company that designs, manufactures and markets personal protective equipment, workwear and safety footwear under the Kapriol brand, on its sale to Groupe RG, a European leader in the specialized distribution of personal protective equipment.

The transaction is characterized by continuity, with Morganti’s current management team remaining in place and the Kapriol brand being further strengthened. The brand will continue to distinguish itself as a benchmark in the sector for reliability, expertise and innovation, both in Italy and international markets.

Founded in Lecco in 1927, Morganti is a leading company in the Italian professional safety market. With nearly one hundred years of history, the company has established its leadership through a constant commitment to quality, innovation and reliability. Today, it operates internationally under the Kapriol brand, which is distributed in nearly 70 countries, offering a broad range of solutions for professionals in the construction, industrial and skilled trades sectors.

 Franco Morganti – Chief Executive Officer – and Alberto Morganti – General Manager – stated:

“Morganti’s entry into Groupe RG represents a fundamental milestone in our company’s history. After nearly a century of operations, we have chosen a partner with whom we share the same values: customer proximity, quality, expertise and a long-term vision. This transaction will enable us to accelerate our development and provide greater opportunities for our customers, employees and business partners, while preserving our identity, our brand and our way of doing business.”

The transaction marks the beginning of a new chapter of growth, in which Morganti’s experience, local roots and industrial know-how will be combined with Groupe RG’s international presence, expertise, distribution network and investment capabilities, with the ambition of accelerating the Group’s development and generating sustainable long-term value.