TRANSPARENT SUCCESS Italian market leader in glass production Sangalli Group has announced a strategic transaction with the Glasswall Group to expand its international presence. Daniele Garavaglia talks to CEO Franscesco Sangalli to find out more.
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he family-run Sangalli Group is a leading manufacturer of glass products, with four facilities based in both northern and southern Italy. A recent agreement signed between Sangalli and leading glass company Glasswall is designed to support the revitalisation of an important historical sector: the Italian architectural glass industry.
Under the terms of the agreement, Glasswall has become a 50 per cent shareholder of the Sangalli Group, securing equity investments into the company and ongoing financial support. The two parties will combine their resources to strengthen the financial position of the Sangalli Group, expand its presence in the European market and invest
in the development of value-added products in areas such as acoustic control, thermal insulation, safety, solar control and design.
Concrete basis for future growth CEO Mr Francesco Sangalli commented: “Over the past decade, Sangalli Group has been building up production capacity