Tiles

The acquisition cost 226 million euro

It was created through an agreement between four well-known manufacturers of machinery and technology for the sanitaryware industry

The new Frappi Group company specialises in the sale of prestigious small size tiles with a strong artisan flavour

Official presentation at Tecnargilla 2006

The new facility will have 18 lines to be started up in two phases by the end of 2007 and will have an output of more than 3 million sq.m/year

It is a glazed porcelain tile produced using glaze consisting of 40% high-performance glass originating from recycled fluorescent lamps

Production (-0.2%), exports (+0.7%) and domestic sales (+0.0%) at a standstill. Energy costs rising

The new group will have a production capacity of approximately 35 million sq.m/year

Sales driven by Russia and the United States

Turnover reaches 265 million euro in first nine months of year

Agreement reached yesterday

Officially unveiled during Tecnargilla

Increase in turnover and improvement in financial position

Acquisition officially announced during Tecnargilla

Redesigned internet site now hosts three main sections

The innovative tile integrates digital home management technologies into the ceramic product

Selmi appointed the group’s Economic Managing Director and Pifferi Chief Operating Officer of Stonepeak Ceramics

Growth in both quantities (3.05%) and value (9.07%)

Turnover was +18,1% up on the same period in 2005

The creation of the world’s second largest ceramic machinery group was announced this morning