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Add-on acquisition Closed Oct 2025

DiversiTech acquires GIA Group (three Italian component makers) from Ethica Global Investments

Relationship map

Relationship map for DiversiTech acquires GIA Group (three Italian component makers) from Ethica Global Investmentsparent ofEthica Global Investments: Pe FirmEGEthica Global Investm…Niccons Italy Srl: Operating CompanyNINiccons Italy Srl
Operating CompanyPe Firm

Parties

Acquirer
Ethica Global Investments
Pe Firm
Target
Niccons Italy Srl
Operating Company

Summary

US HVACR component maker DiversiTech acquired three Italian component manufacturers (GIA SpA, Niccons Italy, Vorpa) from investment group Ethica Global Investments, expanding DiversiTech Europe.

Primary source