Ceramiche Ricchetti

QuattroR will set up a NewCo to acquire the controlling stake owned by the Zannoni family. New investments of up to 40 million euros are planned.

The Italian facility and the Cinca plant in Portugal have undergone a technology upgrade, including significant investment in the end-of-line department.

Alfonso Panzani is replaced by Andrea Zannoni as Chairman and Andrea Lodetti as CEO.