Gresmalt Group owns 51% of Del Conca Usa
The 51% stake in Del Conca Usa, a company of the Del Conca Group based in Loudon, United States, changes hands. The buyer is the Reggio-based group Gresmalt,...
Gresmalt Group, an Italian company specializing in ceramic products for construction, has acquired 51% of Del Conca Usa, a US-based company owned by Gruppo Del Conca. The acquisition aims to strengthen Gresmalt's growth and diversification in North America, leveraging Del Conca Usa's experience and industrial presence. Del Conca Usa will continue to operate with its current standards of quality, service, and innovation under Gresmalt's strategic guidance.
The partnership is expected to generate synergies and new opportunities for growth. Filippo Salvarani, Gresmalt's president and CEO, and Davide Mularoni, president of Ceramica del Conca, expressed their satisfaction with the agreement.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.