SITI B&T Group completes acquisition of Diatex

March 2020

SITI B&T Group has completed the acquisition of Diatex; an investment that improves the Formigine-based group’s competitiveness in the finishing segment.

On 21st January, SITI B&T Group acquired a 75% stake in Diatex, a Vicenza-based company with a 2018 turnover of Euro 10.7 million specialising in the production of diamond tools for machining stone, ceramic and glass.

The Euro 7.5 million deal was announced last June and will strengthen the SITI B&T Group’s competitiveness in the field of ceramic finishing technology, a segment where the Formigine-based group already operates through member company Ancora.

“This acquisition will enable us to generate new synergies based on Ancora’s technologies and thereby offer the market new high-performance products and new services,” said SITI B&T Group’s CEO Fabio Tarozzi.  “Diatex will have the opportunity to expand its exports through our international network of more than 20 branches.”

Along with cutting disks, the Diatex catalogue also includes squaring wheels for ceramic, especially for the dry squaring segment where Ancora offers high-speed solutions guaranteeing maximum productivity.

British Ceramic Tile combines the old with the new to advance its production techniques

While some tile manufacturers throw out the old with the new, British Ceramic Tile chose to revaluate its production techniques,...

Continue Reading

Two new treatments join LTP’s range

LTP’s range provides trusted protection and maintenance solutions for tile and stone installations, indoors and outside.   New products to join...

Continue Reading

Instarmac launches ProPrime IT: a new multi-surface primer

Instarmac, the home of British manufactured tile adhesive brands UltraTile and Granfix, has simplified and enhanced its primer range with...

Continue Reading