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Ethica Global Investments

Pe Firm

HvacOtherRefrigeration

Investment group that held three Italian HVACR component manufacturers before selling them to DiversiTech.

Ownership map

Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.

Ownership

Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.

  • Ethica Global Investments Divested GIA Verified
  • GIA backed by Ethica Global Investments reported
  • Niccons backed by Ethica Global Investments reported
  • Niccons Italy Srl rolled up into Ethica Global Investments (deal) reported
  • Vorpa rolled up into Ethica Global Investments (deal) reported

Acquisition history

Acquisition timeline20252025 · Add-on acquisition → GIA2025 · Add-on acquisition → Niccons Italy Srl2025 · Add-on acquisition → Vorpa
3 recorded deals, 2025–2025verifiedunverified

Deals