Bavelloni family declares no interest in Bavelloni Spa

In response to rumours in the market, the Bavelloni family declares to have no financial stake in the newly established company called Bavelloni Spa, after the separation from the Glaston Group.

In spite of being satisfied with the fact that brand of the company it previously owned is still attractive on the glass market, the family represented by Messrs. Dino Bavelloni, Franco Bavelloni and Sons confirms its involvement is limited only to the glass machinery manufacturing company Neptun Srl, whose major shareholders are Stefano Bavelloni, Simona Bavelloni and Matteo Rolla, in addition to Mr Dino and Mr Franco Bavelloni.

The family also states the only connection running so far with that company concerns the lease between Glaston / Bavelloni Spa and the real estate company SIBI Spa, relevant to the factories owned by the Bavelloni family; the contract will end on Sept. 6th, 2015.