ABK Group, one of Italy’s largest ceramic tile manufacturers, has acquired a 49% stake in the Spanish company Arbe Stolanic. This alliance brings together Italian surface design with the Spanish system that won the award for best innovation in the sector at the SADECC 2019 kitchen design show in Paris. The rationale is to develop Stolanic’s innovative Cooking Surface Prime invisible induction cooking system in combination with ABKSTONE and MATERIA slabs.
The invisible induction cooking system is installed directly underneath the 20mm thick slabs, optimising the kitchen space and transforming the entire countertop into a workspace while allowing for unlimited functionality and creativity. The latest version, Cooking 3.0, is capable of cooking more quickly than conventional systems and optimises energy consumption.
ABK Group sees the acquisition as a key strategy for accelerating its international expansion in the furniture sector. The system will be sold by Arbe Stolanic under the new brand name Cooking Surface Prime in Spain, Portugal, and France; and distributed exclusively by ABKSTONE and MATERIA in the rest of the world.
"In keeping with ABK Group’s longstanding goals of innovation and design, we consider Arbe Stolanic to be the ideal partner for supplying the market with a technologically unique, versatile, and durable product that I am sure will become an essential feature of the kitchens of today and tomorrow," says CEO, Alessandro Fabbri.
Private investment business Intrinsic Equity, has acquired Aqata Limited. Based in Hinckley, Leicestershire, Aqata - one of the UK’s most...Continue Reading
The Kerastar range of porcelain floor tiles – developed specifically for the commercial interiors market – features a new, expanded,...Continue Reading