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 new showrooms reaffirm Marazzi’s role as a reference brand for the international community of architects and interior designers.
The acquisition expands the Surfaces Group’s range of consumables for the ceramics, stone, glass and mechanical industries.
The Mexican Group’s CEO confirms good progress last year, as well as a growing interest of the US customers for Vitromex USA’s ceramic tile range.
According to Victor D. Almeida (Chairman & CEO of the Mexican Group) the US market should offer good opportunities for growth in 2019 and over the coming years.
The company, which started its facility in Lebanon (TN) just 2 years ago, is installing new lines for the production of porcelain tiles.
Coverings 2019 will be the venue for the US market launch of the social media and web campaign entitled “The values of ceramic”.