Buying option of Tagina at the favour of Mandarin & CERIT
Date:February 15, 2017
The Ceramica Italiana, this last one managed by Graziano Verdi in a partnership with the investment fund Mandarin Capital are happy to announce that within the development project “Cluster Ceramico Alto di Gamma “, have reached an agreement that expects to set a buying option of Tagina at the favour of Mandarin & CERIT once predetermined conditions will occur.
This operation will allow Tagina to avail itself of the strategical advice of Graziano Verdi and on the other side will enable significant development synergies regarding the Cluster that Mandarin Capital and Graziano Verdi are promoting with some letters of Intent already signed with other sector companies that can bring to some acquisitions with next spring.
Mr.Mario Moriconi, President of Tagina, ha commented also on behalf of the partners “the great satisfaction for the agreement reached with CERIT & Mandarin Capital that will allow Tagina to enter in a significant perimeter of turnover and professional character and above all will allow Tagina to avail itself of the competence of Mr Graziano Verdi manager of proved international successes and a reference in the whole ceramic sector. ”
Mr.Stanca Managing Partner and CEO of Mandarin Capital underlines “we are convinced of the validity of a gathering process of companies that are leaders in the Ceramic sector and we are working with Graziano Verdi to achieve this goal. Tagina is a prestigious name that will perfectly fit in the picture that we have in mind”.