Italy: SITI-B&T Group, the World's Second Largest Ceramic Machinery Supplier

摘要

The newly-created S1TI-B&T Group, the second-largest ceramic machinery supplier in the world, has been created through the .merger by incorporation of SITI of Marano Ticino (Novara) into Barbieri&Tarozzi of Formigine (Modena). The merger brings together two historic companies renowned for their outstanding technological expertise and longstanding presence in the domestic and international markets and constitutes one of the most interesting industrial projects in the Italian manufacturing goods sector. The strategic agreement was signed last August but the merger becomes effective as pf April this year.