Fabita Technology: Comprehensive Acquisition by Ethica Global's SilFim
Deal News | Jan 29, 2025 | Finance Community IT - 1 Corporate M&A
Ethica Global Investments, through its investment arm SilFim, has acquired Fabita Technology, a company known for producing advanced cooktops and range hoods, indicating a strategic move to bolster SilFim's presence in premium kitchen appliances. Established in the 1960s and headquartered in Jesi, SilFim is renowned for its premium range hoods. This acquisition will enable SilFim to enhance its product portfolio and leverage Fabita's innovative technology and established distribution channels, thus aiming to expand into high-potential international markets. The consolidated entity is expected to surpass 25 million in revenue and will benefit from increased economies of scale. The leadership team at SilFim anticipates that the integration will aid in meeting the demands of the evolving market by offering new and high-performing solutions.
Sectors
- Home Appliances
- Private Equity
- Manufacturing
Geography
- Italy – Both SilFim and Fabita Technology are based in Italy, with headquarters in Jesi and Serra San Quirico respectively.
- United States – The acquisition is part of a strategy to enter international markets, including the U.S.
Industry
- Home Appliances – Both SilFim and Fabita Technology specialize in kitchen appliances like cooktops and range hoods, making this a key industry.
- Private Equity – Ethica Global Investments, a private equity firm, facilitated the acquisition, highlighting the role of investment firms in strategic growth.
- Manufacturing – The article pertains to companies involved in the manufacturing of specialized and technological kitchen products.
Financials
- 25 million – Projected revenue for the combined entity post-acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ethica Global Investments | Private Equity Firm/Buyer | Company | An investment firm that facilitated the acquisition through its investment arm SilFim. |
| SilFim | Buying Company | Company | A company specializing in premium kitchen range hoods and part of Ethica Global Investments. |
| Fabita Technology | Target Company | Company | A company specializing in the production of cooktops and range hoods with innovative designs. |
| Ruggero Jenna | Ethica Global Investments Representative | Person | One of the people involved in managing the acquisition process at Ethica Global. |
| Francesco Sala | Ethica Global Investments Representative | Person | Part of the team managing the acquisition process at Ethica Global. |
| Davide Caselli | Ethica Global Investments Representative | Person | Another representative from Ethica Global involved in the acquisition. |
| Riccardo Remedi | President of SilFim | Person | President of SilFim, expressing satisfaction with the acquisition. |
| Andrea Bertolino | CEO of SilFim | Person | CEO of SilFim, optimistic about the future for SilFim post-acquisition. |