Itema : Acquisition of Lamiflex completed
Itema

Acquisition of Lamiflex completed

(Source: Itema)
(Source: Itema)

To accelerate growth in the high potential composites market, Itema completes the acquisition of Lamiflex. The operation completes the integration process already started in 2017 and, following the agreement reached with the heirs of the founding family, Itema SpA, Colzate/Italy, becomes the sole shareholder of Lamiflex SpA, Ponte Nossa/Italy. Massimo Zocche is the new General Manager of Lamiflex.
Founded in 1976 by Luigina Bernini and Luigi Castelli, Lamiflex has offices in Ponte Nossa and Hong Kong. Thanks to its in-depth knowledge of the composite materials sector and a broad portfolio of in-house technologies, Lamiflex develops and manufactures customized solutions for its customers around the world.
Lamiflex represents a strategic asset for the Itema Group, as its main supplier of composite material components for rapier weaving machines. Furthermore, the objective of the acquisition is to further boost Lamiflex's potential in the aerospace, medical and industrial sectors to establish new growth targets and different levels of development. Through an even closer synergy, it will also be possible to accelerate the development of innovative products for these high-potential markets thanks to the sharing of resources, skills and know-how deriving from the strength of the various companies that make up Itema Group.

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