SchlegelGiesse Expands by Acquiring Reguitti
SchlegelGiesse, the International Division of London quoted Tyman plc, has acquired Reguitti, the Italian-based manufacturer of handles and assorted accessories for doors and windows, along with its sister brands Tropex Design and Jatec.
This strategic acquisition, which is immediately effective, extends the SchlegelGiesse portfolio of high-quality hardware solutions to timber, aluminium and PVC internal and external doors and windows.
“The acquisition of Reguitti represents a powerful opportunity for SchlegelGiesse to significantly enhance our all in one sealing and hardware portfolio with solutions designed for any type of door and window,” explained Peter Santo, CEO of SchlegelGiesse. “I am confident the strategic synergies created through this acquisition will allow us to extend our product offer to our existing clients, to serve a wider range of customers and facilitate the continued development of innovative, aesthetically-engineered products for the industry.”
“We are delighted to join such well-regarded brands. Our vast catalog of handles and accessories will be available to a larger worldwide client base. Both SchlegelGiesse and Reguitti are ready to consolidate their presence in established as well as in emerging markets. We are proud that an Italian company has achieved this goal, which we believe is a success also for all those who work there.” added Marco Pialorsi, Reguitti CEO.
SchlegelGiesse specialises in designing integrated hardware and sealing solutions that improve the performance, the reliability and the installation speed of doors and windows. Its commercial network spans five continents and over 100 countries, with Europe, Latin America, Australia, New Zealand, China, ASEAN, the Middle East and India among its primary markets. Both companies will continue to conduct ‘business as usual’ while ensuring that the combined customer base has full access to the synergy opportunities created through the acquisition.