Franco Stefani has now also sold Laminam. CEO Alberto Selmi will increase his stake and continue to lead the company. The deal is expected to close during the summer.
GMM Group reported revenue of 19 million euros in 2018 following strong performances by all the group companies.
Led by Sergio and Fulvio Masini, Officine Smac has established itself in international markets as a major supplier of glazing and decoration equipment for the ceramic tile and brick industries.
EFI announces definitive agreement to be acquired by Siris a Capital Group in a transaction valued at approximately $1.7 Billion. Acquisition expected to close by Q3 2019.
The South African group is about to install the innovative system already used by Pegasus at the Samca Floor facility.
The investment, which will maintain managerial and strategic continuity, involved the acquisition of a stake by CEO Emilio Benedetti and a substantial reinvestment by the family of Edoardo Ligabue, who has taken on managerial roles.
The Pakistani ceramic group will install a complete plant, raising tile production from 15 to 40 million sq.m/year.
The first TEM 2019 will be held on April 30th at the new state-of-the-art headquarters of System Iran.
The Sassuolo-based company hosted an original experimental ceramic surface design laboratory aimed at the world of professionals.
The new showrooms reaffirm Marazzi’s role as a reference brand for the international community of architects and interior designers.
On 5 April, Durst opened its new headquarters in Brixen, northern Italy, a futuristic building that represents the group’s process of evolution.
The celebrations for Sacmi’s centenary began on 9 April with the inauguration of the new Sacmi Innovation Lab and the launch of the series of events entitled “Re-thinking the future”.