Cobepa has acquired the majority of Salice, an Italian family business specialized in furniture fittings, opening systems and wardrobe accessories from the Salice family which will reinvest in the group.
Established in 1926 and headquartered in Novadrate (CO), the group is a leading player in furniture hardware, offering a wide range of opening solutions, mainly focused on hinges, but also drawer runners and sliding systems, to the high-end furniture market. Salice operates from three production plants in Italy and has a vertically integrated production process, developing most of the assembly machinery and equipment in-house. The group has a global presence through 10 foreign subsidiaries and 11 sales offices worldwide, with exports representing more than 75% of total net sales to over 90 countries DVRCAPITAL acquired a minority stake in the Company | May 2023
CO-INVESTMENT IN
WITH
Equity Co-InvestmentMay 2023