Search
 
Search by year
Search by keyword
Search by sector
Search by category
Find 
Sacmi RSS Feed
Find out how to subscribe to Sacmi RSS feeds
 
9/15/2009
From sacmi a solid offer for Nuova Fima

Last Friday’s takeover bid will save sixty jobs and create excellent industrial synergy opportunities

Automatic sorting lines for the ceramic industry, vision systems, robotized palletizers, packaging machines and laser-guided vehicles: all businesses in which, for years, Nuova Fima of Fiorano Modenese has been an international leader. However, when, last April, its Dutch parent company (the Favonius Ventures Holdings investment fund, which purchased the company in 2005) decided to wind up operations, there was a real risk that the company would be lost.

To prevent what might otherwise have been the umpteenth case of a business forced to close as a direct or indirect consequence of the financial crisis, Sacmi showed a clear interest in renting – with obligation to subsequently purchase – a branch of the company so as to ensure continued output and save 60 of Nuova Fima’s 125 employees. A “rescue” that, for Sacmi, brings with it opportunities for important industrial synergies while, for the Fiorano company, the takeover means not just the preclusion of a company collapse but the chance to become part of a major Group that is the leading supplier to the international ceramic industry.

In the words of Fiorano Modenese’s mayor, Claudio Pistoni, “It’s the best possible result”. Or, as Emilia-Romagna’s industrial development officer, Duccio Campagnoli, with whom the relative trade union agreements were signed last Friday, put it, “it is the outcome of the Sacmi Group’s outstanding willingness to breathe life into a new industrial venture by making the very best of some of the most advanced technology offered by Nuova Fima”.

Moreover, thanks to Surface Inspection, the world’s undisputed leader in automatic inspection systems for ceramic tile quality control, Sacmi also aims to enhance its range of vision systems.

Nuova Fima will now present an agreement offer that – to prevent bankruptcy – must be accepted by the creditors. Nevertheless, a first step in the right direction has, again in the words of Fiorano’s mayor, been taken and is largely the result of “Sacmi’s far-sightedness and orientation towards investment despite the economic situation”; it is also the result of the determination with which trade unions, the company and local and regional institutions have dealt with the entire matter, thus restoring prospects for a part of the ceramic industry that risked “going under” and seriously damaging the local economy.

Back

Corporate News

 
9/13/2018
24-hour ASSISTANCE, the new SACMI service for Continua+lines
Initiative by the SACMI Customer Service Division to provide customers on the strategic Italian market with even closer support  >>

9/10/2018
SACMI Packaging & Chocolate, tradition and innovation with a face to the future
The newly introduced Division, representing a new organisational model, is to promote and market the historical brands of the individual Group companies which have made history in the Italian chocolate and packaging industry.  >>

8/27/2018
Sacmi focuses on the environment and acquires 100 per cent ownership of Eurofilter
The company - already the world's leading provider of environmental services to the ceramic industry and other sectors - is fully owned by Sacmi, opening up prospects for further consolidation and penetration of new markets and businesses  >>

7/24/2018
Sacmi presents ‘super steel’ for moulds at the national AIM conference
Research was conducted by the Sacmi steel team together with Bologna University (DICAM and DIN departments).  >>

 

This website uses "cookies". If you choose to continue using the website, you are authorising the use of cookies according to our cookie policy. For further information or to deny the use of some cookies, please click here.

accept cookie policy