Gabriele Giorgi, president of SGM, said: "It is a great opportunity to for us to become one of the companies of the RCF Group. Ove the years we have built a very dedicated team and, together with our worldwide distribution partners, we have significantly expanded our international sales. Looking ahead we felt it was time to structure our company for a more demanding market and being part of a larger group will provide SGM with immediate access to additional technical and financial resources. This will represent an important step forward to consolidate our leadership position, increase SGM brand visibility and assist our team in achieving future goals."
Commenting on the purchase, RCF Group's managing director Arturo Vicari said: "We are extremely pleased that Gabriele and his team are joining our Group . . . [we] share the same commitment towards high quality solutions, constant innovation and long-term business relationships. SGM will continue to be focussed on its existing business model, developing its own products, defining its sales and marketing strategies while benefiting at the same time from additional synergies and resources. We are very pleased to welcome SGM in the RCF Group."
(Lee Baldock)
