Italcer has acquired 100% of Terratinta Group S.r.l. to enhance its position as a leading design hub in the luxury ceramics market, marking its ninth acquisition in six years.

Target Company Overview

Italcer, a prominent player in Italy's luxury ceramics market, has successfully completed the acquisition of 100% of Terratinta Group S.r.l., a company renowned for its innovative design surfaces located in the ceramic district of Fiorano Modenese. This marks the ninth acquisition for Italcer in six years, a significant milestone that aligns with the company’s strategic growth objectives.

Led by CEO Luca Migliorini, who will retain approximately 1% ownership post-acquisition, Terratinta has forged a reputation in the ceramics industry grounded in professionalism, ethics, and a deep commitment to product excellence. The acquisition further expands Italcer's brand portfolio, which is projected to reach nearly €400 million in turnover by the end of 2023.

Industry Overview in Italy

The Italian ceramics industry is a global leader, recognized for its high-quality products and innovative designs. With a rich heritage and a strong focus on craftsmanship, Italy has establishe