Sicer acquisition completed

Company managers Gianfranco Padovani, Giuliano Ferrari and Marco Eumenidi have acquired a majority stake in the group. The participation of Ardian with a minority stake will support further international growth.

The acquisition of the Sicer Group by entrepreneurs and managers Gianfranco Padovani (Executive Chairman), Giuliano Ferrari (CEO) and Marco Eumenidi (Commercial Director) was finalised in March. The three now hold a majority stake, alongside the private equity firm Ardian, whose entry into the company was first announced in January.

With this investment, the three executives reaffirm their confidence in the group’s growth potential. Sicer is one of the world’s leading producers of specialty coatings for high-end ceramic decoration, and closed 2024 with revenue of more than €130 million.

“We are excited to embark on this new chapter together with Ardian, whose strategic support will be instrumental as we scale our operations to create long-term value for all our stakeholders,” commented Gianfranco Padovani.

The partnership with the investment fund will help Sicer consolidate its presence in the European market and expand further in other important ceramic producing countries, including the United States and India.

“Through our commitment and collaboration with Ardian, we are well positioned to drive innovation and seize new opportunities for growth in the international markets that will shape the future of our business,” added Giuliano Ferrari.