A few months after selling 60% of System’s ceramic business to Coesia through the new company System Ceramics, Franco Stefani has now sold Laminam, the company set up in 2001 and a global market leader in the field of large ceramic surfaces. The purchaser is Alpha Private Equity Fund 7, which has acquired control of Laminam SpA (and its subsidiaries Laminam Russia, Laminam USA Inc., Laminam China and Laminam Service) from the Stefani family and Alberto Selmi.
Franco Stefani comments: “As I have stated repeatedly, my primary commitment is to guarantee the continuity of local manufacturing excellence in order to strengthen our leadership in the world market and create jobs. Following a careful analysis, we realised that Alpha was the right purchaser due to its international experience.”
Alpha is a private equity group with a Euro two billion portfolio specialising in mid-cap operations in continental Europe. As part of the operation, which is expected to close before the summer break, CEO Alberto Selmi will increase his stake in the group and will continue to lead Laminam together with the management team.
Alberto Selmi says: “As ever, our goal is to be the global brand leader in the production of large ceramic surfaces and to exploit all the opportunities offered by this new market.”
More at: https://www.laminam.it/en/home/
System China has won the Science and Technology Innovation award - one of the honours presented as part of the...Continue Reading
Marca Corona attended Hotel Designs Christmas Meet Up (8th November 2017) at Home House, London to present its brand-new collections to top...Continue Reading