Just a few days after the acquisition of Ceramica Fondovalle, Italcer won the Sustainability Award, taking first place out of the top 100 Italian companies.
The group has set out its goals for 2023 based on 6 pillars (governance, environment, people, product, value chain and society). Its ADVANCE® product range has gained MOCA food contact certification.
From the uncertainties surrounding gas availability and prices to the race to replace Ukrainian raw materials. The Italian ceramic tile industry is facing the challenge of rising costs against the backdrop of a very buoyant market.
The Reggio Emilia-based group led by Graziano Verdi is continuing its acquisition-based growth plan with the purchase of Cedir, a historic ceramic company located in the province of Ravenna.
The new eco-active, anti-pollutant and anti-bacterial ceramic slabs developed through two years of research and an investment of 2.7 million euros will be launched onto the market in September.
With this fourth acquisition, Italcer has established itself as one of the largest ceramic sector groups with revenues of almost 200 million euros and EBITDA of 35 million euros.
By the end of 2018, Italcer aims at a greater expansion of its brands’ portfolio, landing in the US with a 4.0 industry and realizing other significant acquisitions.
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