Volpato Industrie and Gollinucci

merge to consolidate their roles as market  leaders in the furniture components and accessories industry

Dear customer,
 
As of 30th November 2023, we are thrilled to announce the completion of a new business merger between Volpato Industrie S.p.A. and Gollinucci S.r.l, through which we aim to become a national market leader in the sector of technical components and design accessories for kitchen, bathroom, living area and bedroom furniture.   
The transaction saw Volpato Industrie S.p.A. acquiring all of the shares in Gollinucci S.r.l., as well Giacomo Gollinucci reinvesting a minority stake in the Group.
In order to ensure continuity of management at Gollinucci S.r.l., the managing directors Giacomo Gollinucci and Roberto Gradari will continue to play a central role in the future management of the company.
Giacomo Gollinucci will also join Volpato Industrie S.p.A.’s Board of Directors in order to actively contribute to the strategy and growth of the entire Group, which views this transaction as a single step in the industry's longer path of consolidation and aggregation in the sector.
This transaction will form a Group with a consolidated turnover of approximately 100 million euros, capable of fully serving all stakeholders in the worldwide furniture market and large-scale retail trade.  
Volpato Industrie was founded in 1974 and in 2022 it saw a consolidated turnover of 76 million euros, of which more than 60% was generated abroad. It is Italy’s market leader in kitchen, bathroom, living area and bedroom furniture components and accessories, dealing with plastic moulding, extrusion, coating, aluminium processing, and anodizing, as well as the production of mirrors for bathroom furniture.
Gollinucci was founded in Cesena in 1973. Its 2022 turnover was around 22 million euros, more than 70% of which was generated abroad.
It is one of Italy’s market leaders in the design and production of furniture accessories for the kitchen, bathroom and living area. Gollinucci has always been committed to developing a company process oriented towards continuous improvement, all the while respecting environmental sustainability. In recent years, it has won multiple International Design awards for the solutions it has introduced to the market.
The key qualities of Gollinucci accessories are their design and functionality.  
“For the Volpato Industrie Group, this transaction represents a transformational step forward,” explains Edoardo Billotto, CEO of Volpato Industrie, “allowing us to leverage the strategies and skills of the companies involved, strengthening foundations to continue our ambitious growth journey. In Giacomo and the Gollinucci company, we saw the ideal partners to help us better satisfy the needs of our current and future clients”.      
Giacomo Gollinucci, CEO of Gollinucci, says “We are proud to join this Group with whom we share values such as attention to product quality combined with constant technological and design innovation. I found that Edoardo and
I shared the same strategies in terms of planning the Group’s future. There are numerous synergies that the companies in our Group will be able to capitalise on, meaning we are confident that we can accelerate down a path of healthy and expert growth. This is a long-term business endeavour with broad development goals”.
We are confident that this merger will enable us to better meet customer needs and further strengthen our business partnership.