One Equity Partners enters the Emilian ceramic expertise district | EUROtoday

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One Equity Partners (OEP), an American non-public fairness fund, has acquired a minority however important stake within the B&T Group of the Tarozzi household, one of the necessary expertise gamers within the Modena ceramic district, historic producer of key equipment and methods for worldwide producers of ceramic tiles and quartz slabs.

The strikes on the territory

The monetary phrases of the non-public operation weren’t disclosed, however OEP is a widely known identify within the Modena space, as a result of lately the fund has entered into different massive industrial teams within the space akin to Usco (equipment parts) and Cmb (development). The entry of OEP into the capital of the historic household multinational of Formigine (based in 1961) marks the clear need of the Tarozzi household to push the levers of each internationalization – ranging from the American market which presents essentially the most fascinating progress information within the ceramic sector – and improvement alongside exterior strains, via strategic acquisitions, after the inventory market expertise began in 2016, with the itemizing on the Aim and closed two years in the past with the delisting.

Key interlocutor

The B&T group has established itself in over 60 years of exercise on world markets as a key interlocutor for the availability of applied sciences and companies for over 2,500 prospects together with firms producing ceramic tiles, quartz and different surfaces, with the manufacturers Siti, Ancora, Projecta , Digital Design, Diatex and Mec Abrasives. Of the 210 million euro turnover in 2023, 162 million, or 77%, is achieved on overseas markets. Today it employs over 800 collaborators, together with 16 business workplaces and 10 manufacturing crops on 4 continents.

«We noticed in One Equity Partners the best accomplice to face the subsequent part of enlargement, each organically and thru acquisitions. Together with OEP, now we have already recognized varied alternatives to speed up enterprise improvement and the expertise of this fund in investments and progress of producing firms, as has already occurred in different firms in our space, shall be a valuable useful resource for us”, comments Fabio Tarozzi , president and CEO of the B&T Group.

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The prospects

The world ceramic equipment market, contemporary from a lower than good 2023, has fascinating improvement prospects forward of it, due to favorable drivers akin to rising world urbanization and the demand for high-efficiency and sustainable ceramic merchandise, elements that reward applied sciences Made in Italy. «We consider that the B&T Group has important potential to develop each organically and thru acquisitions», assures Ante Kusurin of One Equity Partners.