Surfaces Technological Abrasives acquires ADI

The acquisition of ADI Group by Surfaces Technological Abrasives S.p.A., a leading company in the ceramic tile honing and finishing tools market, was finalised on 22 December.

The large global group created through the operation will become the major European player in the metal and resin bonded diamond tool sector with a complete range of products for wet and dry machining of ceramic tiles of all sizes and a 2017 turnover of more than 60 million euros.

Founded in late 2010, Surfaces Technological Abrasives rapidly established itself in the sector through its ongoing R&D efforts in the field of new industrial processes and its range of high-productivity, cutting-edge products. At its headquarters in Cenate Sotto (Bergamo) it also produces grinding wheels, rollers and protective brushes for cutting and polishing, while the laboratory at its Sassuolo branch is responsible for developing new products for honing ceramic tiles in close collaboration with the leading machinery and glaze producers and end users. It has two foreign branches, one in Brazil and the other in Portugal.

ADI, established in 1980 in Thiene (Vicenza), is a leading manufacturer of metal bonded diamond and CBN tools for the ceramic, stone, glass, mechanical and optical industries, and owns a number of international patents and protected trademarks. As well as the three factories in Thiene, it has manufacturing units in the United States and Turkey which it uses to serve the North American and Middle Eastern markets.

Gaetano Maffei (Chairman and CEO of Surfaces Technological Abrasives and ADI), Dino Zandonella Necca (General Manager of ADI) and the shareholders Homar Serradimigni (sales manager of the Italian ceramics division), Simone Sorrentino (foreign sales manager, ceramics division) and Werner Ricciolini (head of ceramics division of ADI) agree on the importance of the new group’s additional development potential deriving from the commercial and technical synergies that will be created between the two companies, both of which have been growing steadily over the last three years. The operation will be particularly beneficial for the Group’s presence in international markets, including a number of new regions, thanks to the group’s greater critical mass, the 4 foreign branches it already owns and its uniquely comprehensive product range.