Ariana acquires Ceramica Valverde
The agreement covers the Valverde brand name, its entire sales organisation and the warehouse.
According to ABK’s chairman Roberto Fabbri, the synergies established between the two companies will enable them to complement their product ranges (including wall tiles, glazed porcelain floor tiles, through-bodied porcelain tile and small sizes in the medium-high segment) and to increase the turnover of the two brands Ariana/Valverde to an estimated 45 million euro in 2006 and 50 million euro in 2007.
The ABK Group, which as of next year will control 100% of Ariana/Valverde Industrie Ceramiche, expects to reach a turnover of 100 million euro in 2006, increasing output of its products at four factories.

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