The acquisition announced by the English competitor Tilemaster Adhesive Ltd. of Kerekoll, the Modenese Group, is only the first step of an extended growth path for external lines, so the world's leading construction material company has put 100 Millions of euros The next three years. "We have five dossiers in hand, our goal is to score at least one acquisition per year, shifting the different quadrants of international markets," anticipates Gian Luca Sghedoni, a company founded by his father in 1968 in Sassuolo, Emiliano's heart Ceramic District. It is in a garage with tile adhesive chemicals and has become a green building company with a turnover of 420 million euros and 1,350 employees in the front line of ecologically sustainable building products (R & D activities each year absorb more than 20 million of Euro).
The first step Kerakoll has formalized yesterday, signing the contract for the purchase of 100% of the capital stock of Tilemaster Adhesive Ltd. The UK's UK family in the United Kingdom produces and markets laying systems (not only for ceramics), Founded in 1990 by the Kelly family, which will remain at the wheel of the entrepreneur, with 16 million pounds of turnover (18 million euros), 55 employees and one plant in Leyland, Lancashire, now have reached saturation. "We are planning to invest £ 30 million (€ 34 million) on the English site in the next four years - says the former - to expand and optimize the Leyland factory, then to build a new production plant and a new research center , The most modern and technological of our industry in the world, where we produce both the Tilemaster and Kerakoll brands. We are locating the terrain between Birmingham and London, we expect to start construction sites in 2018
The operation in Lancashire allows Sghedoni to marry the efficient logistic network and the excellent reputation of the English brand (in a market with sustained demand and high sensitivity to green issues) with Kerakoll technologies and volumes, Single player In our competitive arena They have a portfolio with four complementary technologies: premixes, epoxy resins, paints and silicones (hydrocarbon polyurethanes), "he says. Exports still account for less than half of the company (45%) of the Sassolese group. Through the internationalization plan, which accompanies organic growth, Kerakoll aims at a turnover of 500 million euros for two years, bringing exports to 55%, then stabilizing it around 60%.
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