Just a few days after the announcement of the new glass wool line at the Saint-Gobain Isover production unit near Bergamo, the Saint-Gobain group has announced that it has carried out yet another important investment in Italy with the takeover of the Logli Massimo company based in Prato. Logli Massimo is specialized in systems and accessories for the fastening and assembly of glass partitions such as balustrades, shower enclosures, partition walls and internal and external doors.(Hardware in a word).
Founded in 1989 by Massimo Logli, the company has about 60 employees.
Becoming part of the Saint-Gobain group will enable Logli Massimo to increase its growth in European markets, offering architects and construction companies a full range of products. Already a leader in Italy, the company is also present in France, Benelux and a number of other European countries. Massimo Logli will continue to ensure development and management.
This most recent acquisition is part of Saint-Gobain’s aim to increase its offer of complete added-value systems for indoor and outdoor environments.
“Saint-Gobain has invested almost EUR 250 million in Italy since 2011, which is a perfect testimony of the trust the group has in our country,” said Gianni Scotti, president and managing director of Saint-Gobain in Italy. Our aim is to give the market a clear, positive signal of optimism. We have a simple idea regarding the future: continuous quality and innovation, above all in the construction sector, which will be the real driver for the start-up and growth of the entire Italian sector."
“With this acquisition,” underlined Scotti, “we are strengthening even more our glass division, with its historical fulcrum in Saint-Gobain Glass Pisa, with the development of interesting synergies to complete our product range.”
Saint-Gobain has been present in Italy since 1889, and currently has more than 2,100 employees, 23 production units, and reported EUR 700 million turnover in 2017.
Edited by DETEK,and from glassonline.