Ferro to Acquire Italian Tile Coatings Manufacturer

Ferro recently announced that it has signed a definitive agreement with Milan, Italy-based Private Equity Funds’ Management Company Star Capital SGR S.p.A., along with two minority owners and founders Gianfranco Padovani and Sergio Zannoni, to acquire Casola Valsenio, Italy-based Vetriceramici S.p.A.

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Thriving Construction Industry to Improve Demand for Ceramic Products in the UK

The ceramic industry in the UK has posted a declining trend in the past six years (2008-2013), mainly due to the increased level of globalization and intensive competition from counterparts in developing countries, according to “The UK Ceramic Industry Outlook to 2018–Expanding Export Market for Bricks and Roof Tiles and Tableware to Facilitate Market Growth,” a recent report by Ken Research.

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Ceramic Tile Market in India Expanding to New Segments

Cost considerations have shifted manufacturing from Europe to Asia, and China has become the largest producer, consumer and exporter in spite of not hosting the top three ceramic tile manufacturers of the world, according to “Ceramic Tiles Market in India 2014,” a recent report from Research and Markets.

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Italy’s Ceramic Industry Growth Fueled by Tile Demand

According to a recent report by Ken Research entitled “Italy Ceramic Industry Outlook to 2018 – Technologically Innovative Wall and Floor Tiles to Drive Market Growth,” the Italian ceramic industry is largely driven by small- and medium-sized entities (SMEs) in the wall and floor tile sector that offer innovative, specialized ceramic products that target niche segments of the market.

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