QuattroR: Purchase completed of the majority shareholding (62%) in Ceramiche Ricchetti Group

QuattroR SGR, an independent asset management company created with the aim of promoting the relaunch and development of medium-large sized Italian companies in temporary financial crisis, has today finalized, through a vehicle wholly owned by the Zannoni family, the acquisition of the majority (62%) of the share capital of Gruppo Ceramiche Ricchetti SpA, a major company, active internationally in the production and marketing of ceramic surfaces, which is listed on the Mercato Telematico Azionario organized and managed by Borsa Italiana.

With regard to the mandatory communication issued by the Ceramiche Ricchetti Group on 10 August 2018, all of the conditions precedent to the investment agreement have in fact been met, including the definition and signing of a reorganization agreement with the company’s lending banks pursuant to Article  67.