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The Piccinini family acquires the entire stake of Smaltochimica

Smaltochimica is pleased to announce the conclusion of the negotiations between the shareholders for the acquisition of the company's total shares.

The Piccinini Family, historical shareholder and founder of the company, in coincidence with the 40th anniversary of the foundation, has purchased all the shares owned by Ferro Italia, an important supplier in the ceramic world, that has been shareholder of the company for many years.

This operation will enable Smaltochimica to move more autonomously into a highly selective and highly evolving market and to finalize its technological developments and commercial strategies in the sector of products and services for the production of ceramic tiles with digital systems.

In this field, the company has already achieved significant results and confirms its full commitment to the market for the future, either for traditional additives or for innovative products related to the specific processing requirements of digital decoration systems.

Particular attention will be given to digital glazing and decoration especially in the area of development of low environmentally-polluting and low emission products.

The Piccinini Family wishes to thank Ferro and its management for the excellent relationships and trust maintained all these years and hopes to preserve this collaboration in the future as well.


Smaltochimica S.p.A. - P.Iva 00691170369 - Cap.Soc.: € 2.800,000
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