Beauty Industry, Mergers and Acquisitions

Bormioli Luigi Absorbs Bormioli Rocco

Consolidates the company’s leading position in its fields of expertise.

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By: Charlie Sternberg

Associate Editor

Bormioli Luigi S.p.A., one of the largest and most successful glass companies in Italy, has absorbed Bormioli Rocco S.p.A., another Italian company with a largely complementary portfolio.
 
The merger represents a fundamental milestone in the history of glass at a national level. The establishment of a hub already took place industrially in 2017 through the acquisition by Bormioli Luigi of Bormioli Rocco’s tableware unit, in the light of a long-term strategy aimed at designing innovative ways of doing business.
 
The merger will amplify cultures and synergies associated with heterogeneous businesses. Company management will benefit from more integrated processes that are both agile and flexible, to the benefit of the organization’s profitability. Among the many advantages, the merger will also offer the opportunity to enhance the effectiveness of strategic research, using advanced IT systems.

The transformation will concern not only production and marketing but also human resources, finances and various supplies.

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