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Add-on acquisition Oct 2025 · Italy/USA Verified

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

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

“ITALY/USA: DiversiTech, the US HVACR component manufacturer and supplier, has acquired three Italian component manufacturers and suppliers from Italian investment group Ethica Global Investments.”

Entities

DiversiTech · Acquirer Ethica Global Investments · Parent GIA Group · Target Niccons Italy Srl · Target Vorpa Srl · Target
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