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| Sirci Group buys Gresintex from Italcementi The Sirci Group has signed an agreement with the Italcementi Group to purchase the operations of the Italsintex company, which operates on the market with the Gresintex brand and reports annual revenues of approximately 40 million euro. With consolidated revenues of about 70 million euro and 200 employees, four production facilities and 24 logistics centers, the new entity will be the largest manufacturer on Italy's PVC pipe market, a highly fragmented business with more than 100 mostly small-size players. write your comments about the article :: © 2008 Construction News :: home page |