Keraglass, a leading company in the industrial glass processing machinery sector, owned by Voilàp S.p.A. and the Spezzani Family, announces the completion of its acquisition of 100 percent stake in AVG Automazioni S.r.l.
AVG, founded in 1978 by Mauro Bagni, Graziano Omar Incerti, Marco Cesana and Tiziano Vandelli, is renowned for its expertise in designing and manufacturing of industrial control cabinet, automation and software.
This acquisition consolidates the strategic technology integration process started by Keraglass. Graziano Omar Incerti and Marco Cesana, two of the four founding partners, will guarantee continuity to the growth path by managing the company’s operations.
The acquisition was supported by Deloitte for financial services, PedersoliGattai for legal matters and PPI & Partners for fiscal consultancy. AVG Automazioni received fiscal and legal support from SGB & Partners.
Stefano Spezzani, Founder and President of Keraglass, commented, “This acquisition, which builds on the success of many years of partnership, represents a crucial step in our growth. It strengthens our commitment to integrating know-how and strategic technologies, and to delivering innovative and high-quality solutions to our customers. I would like to thank the founders of AVG Automazioni for their many years of professional cooperation.”
Graziano Omar Incerti expressed his pride in joining Keraglass: “I am confident that this acquisition will lead to important developments not only for Keraglass, but also for Voilàp Group, market leader in offering solutions for Smart Cities.”