Filippo Salvetti
Ethica Group
PPM Industries
Deal Type
Acquisition
Sector
Industrials
Completion Date
2nd May 2022
Deal Value
Not disclosed
Company Background
Founded in 1993, with headquarters in the province of Bergamo, PPM has established itself over the years as a European leader in masking tapes, adhesive tapes and paper packaging tapes production. Today PPM operates through 4 production plants, two in Italy, one in the UK and one in India, serving various international markets, such as DIY, construction and the automotive aftermarket, both with private label solutions (B2B - in partnership with Blue Chip International Companies), and through its brand Q1 Premium Masking Solutions (B2B / B2C), launched in 2016, employing overall a total of about 500 people.
Deal Summary
Ethica Group, with the M&A and Debt Advisory teams, acted as financial advisor to Auctus in the buy-side coordination of the acquisition, in partnership with Matteo Pellegrini, of the majority of PPM, a leading manufacturer in Europe in the masking tape market.
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