Verona, 19th December 2018

The takeover of the society had started in 2013 and has now been completed

Yesterday, on 18th December 2018, the Venturato family signed for the completion of the acquisition of the historic company Inda, Industria Nazionale Degli Accessori, and has now become the only owner of the Samo Industries Group.

The Group was founded on 6th August 2013 following the acquisition by the Venturato family, formerly head of Samo S.p.A. and Siro S.r.l., of 70% of the shares in Inda, the famous Italian company specialized in the production of bathroom accessories, bathroom furniture and shower stalls. Inda was founded in 1944 in Caravate (VA) by Aras Frattini and when the Group was founded the minority share remained in the hands of the Fantoni heirs. This union has given rise to the creation of a leading European company in the bathroom furniture sector, which today offers a wide range of products ranging from shower stalls to accessories, from bathroom furniture to mirrors.

The Group, headquartered in the province of Verona, today achieves a turnover of 90 million euros, almost 500 employees, four production plants located in Verona, Bergamo and Treviso and sales offices in Switzerland, France, Spain, Belgium and Germany.

With the completion of the acquisition, the Samo Industries S.p.A. has now changed its corporate structure, gathering three historic companies such as Inda (1944), Samo (1960) and Siro (1990) and their production sites, technology, know-how and enviable cultural and human heritage in the hands of a single owner family.

The President and founder of the current Group, Denis Venturato, who will also count on a significant managerial support, declares: “The acquisition project started in 2013 and included the rescue of the company and the subsequent security of assets;  today the group is in a prosperous economic condition which, through this important acquisition, allows us to make quicker decisions. Our export-oriented inclination, which represents more than 50% of our turnover, forces us to accept new challenges, including the search for new approaches and markets to reconfirm our excellence in the bathroom furniture sector”.