Coesia

In more than 20 years of cooperation, the Turkish ceramic company Qua Granite, part of the Bien Seramik Group, has installed 15 sorting and palletising lines supplied by System Ceramics.

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

The operation announced on 31 July last year was concluded on 14 January. Coesia has acquired 60% of System’s ceramics business through the new company System Ceramics.

Franco Stefani will maintain a 40% stake in the new company System Ceramics and will stay on as Chairman. The closing of the transaction is expected to occur by the end of the year.