Coesia acquires 100% ownership of System Ceramics

The Bologna-based multinational completed the acquisition of the remaining 40% capital of System Ceramics on 9 June

After acquiring a 60% stake in Fiorano Modenese-based company System Ceramics in January 2019, Coesia finalised the acquisition of the remaining 40% on 9 June and confirmed Franco Stefani as the company’s Chairman.

This operation enables Coesia to consolidate its investment in the ceramic machinery sector, an industry in which System Ceramics is a key player and international leader in terms of technological innovation. Completion of the transaction will allow for the development of new synergistic R&D projects and a further strategic injection of expertise.

Coesia, whose sole shareholder is the Bolognese entrepreneur Isabella Seragnoli, is a Bologna-based group of 21 companies operating in the field of industrial and packaging solutions with a global presence spanning 35 countries, 85 production facilities across 138 business units and around 8,000 employees. System Ceramics, which also owns the companies Studio 1 and Tosilab, operates in 21 countries with 38 business units and around 1,200 employees.