Florence, Nov 21, 2016. Ruffino, the historic Florentine wine brand, now owned by the US giant Constellation Brands, the first wine group in the world, continues to grow. As reported in “Il Sole 24 Ore”, the company in Pontassieve, 10 km from Florence,...
Biassono (Milan), 2016 Nov 17th Rovagnati SpA, one of the leading Italian firms producing high quality ham, with an annual turnover approaching €300 million, is rapidly diversifying. As reported in Il Sole 24 Ore, Rovagnati has announced the acquisition of the...
As reported by the Italian Foreign Ministry “Recover investment flows by promoting, supporting and encouraging the flow of capital through direct personal contacts between Italy and foreign investors. This is the aim of “Invest in Italy”, the first investment...
“Public funds worth €38.4 million have been released to go towards the first tranche of investments – totaling €200 million – which General Electric Oil&Gas will use to develop a new innovative products center in Tuscany. The center at GE’s Nuovo Pignone...
“Piquadro is diversifying in the luxury segment and has acquired Florentine leather goods manufacturer The Bridge. The Italian high-tech travel accessories brand announced in a press release it has signed an agreement for the acquisition of an 80% interest in Il...
” After last January’s announcement – a total investment of 600 million dollars by Ge Oil & Gas through Nuovo Pignone (Florence), with the goal of creating a global center of excellence in Tuscany for the development of turbines and compressors...
“The Allianz insurance group invested around 15 million Euros to improve the receptivity of the estate San Felice, situated in Chianti and owned by the insurance group since 1978. This was reported by 24 Toscana, the local edition of the website of Il Sole 24...
Oct 24, 2016 Greenville-based Sage Automotive Interiors (USA) has recently announced its acquisition of Florence-based Apollo S.p.A (Tuscany, Italy), a specialized manufacturer of automotive fabrics and sewn covers. Details of the acquisition were not disclosed....
Lucca (Tuscany) On October 12th, 2016, PCMC Italia S.p.A., part of the US multinational Barry-Wehmiller, inaugurated its new 14,000-m2 facilities in Fornaci di Barga (Lucca). Spurred by the corporate motto “People Care Moves our Company”, the inauguration ceremony was...
“The Curio brand of U.S. hotel operator Hilton is set to make its debut in Italy with a hotel complex scheduled to open in Tuscany in March 2017. The luxury brand was launched in 2014 by Hilton (which reported $1.4 billion in net income in 2015) and already...