The group’s Tile business results declined in the first nine months of 2023. With the acquisition of Baldocer, finalised on 31 October, the Mexican group’s consolidated revenues are expected to grow by 16%.
System Ceramics is accelerating the adoption of increasingly sustainable smart factory solutions and continuing its sustainability programme aimed at reducing emissions and water and energy consumption.
With an investment of €45 million, mostly in the form of a capital increase, Cleon is providing the financial resources for the growth of ABK Group and joins the shareholder structure alongside the founding partners.
In the first half of 2023 revenue increased by 23,5%. The performance has benefitted from a well-balanced order book and an appropriate portfolio pricing implemented to offset the increase in input costs.
BMR’s heavy clay division continues to garner recognition amongst national and international brick and tile manufacturers who appreciate the outstanding quality of its technologies backed up by rapid and effective customer support.