Serge Ferrari Group has completed the acquisition of Plastitex, an Italian manufacturer of specialty composite materials for indoor and outdoor furniture. This acquisition considerably strengthens Serge Ferrari's positioning in the indoor and outdoor furniture market through the addition of highly complementary product lines and technical knowledge. Besides its expertise in new product design, Plastitex will also provide the Group with extra capacity and additional manufacturing flexibility.

In 2016, Plastitex posted revenues of €9 million.  Based in Carmignano di Brenta in Northern Itally, Plastitex employs approximately 60 people at two production facilities located in Carmignano and Novi Grad, Croatia. Recognized by international designers, Plastitex serves a large number of prestigious brands including Kettal, B&B, Moroso, Unopiù and Emu. The company will continue to sell its colorful and elastic textiles, including Jacquard and Brigitte, under the Plastitex name. For more information, visit their website: www.plastitex.com.

Through Plastitex, Serge Ferrari Americas can now offer a new service of textile customization. Designers, hotel and restaurant owners, and furniture manufacturers can now create unique and exclusive color combinations, weave patterns and designs for completely one-of-a-kind chairs and cushions. Serge Ferrari’s Plastitex design consultants work with customers in developing these novel creative concepts that are then produced on its short-run looms and coating machines.