Visottica Group has acquired Ethos

Visottica Group has announced the acquisition of 60% of the share capital of Ethos S.r.l., a company specialising in galvanic processing for the eyewear and fashion sectors based in San Zenone degli Ezzelini (TV, ITALY).
The firm stated that the operation represents a further step in the industrial development path initiated by the Susegana company. Through a policy of targeted strategic acquisitions, Visottica has progressively expanded and integrated the Group's offer, creating a technological pole of the highest level and unique in the world in terms of capacity and technology, it says.
"This new acquisition is particularly important for us, as it is part of a growth plan that we have been pursuing with conviction in recent years," emphasises Visottica Group President Rinaldo Montalban. “The entry into our Group of a company of absolute excellence in the galvanic sector such as Ethos, allows us to provide our customers and partners with an even more complete package of skills and technologies, in order to better face our reference markets and the opportunities that new sectors may offer us. Despite the period of uncertainty and economic instability experienced globally, we have taken the decision to grow, looking at external opportunities. Ethos possesses highly specialised know-how and a wealth of valuable skills that are now part of our assets. This enables us to create professional synergies among the various companies that are already part of the Visottica Group".Ethos was created in 2009 by co-founders, Daniele Bernardi and Michele Segafredo, with the aim of transferring the know-how they had acquired for several years in the jewellery sector to the fashion industry. The company – which employs 18 people – specialises in galvanic processes on brass, zamak, iron, fashion accessories and leather goods, and can boast, among its customers, important names in the world of fashion and eyewear. The expected turnover for 2022 is around EUR 3 million, a significant increase compared to 2021.