Kale Group completes Fincuoghi acquisition
October 7, 2011
Kale Group has acquired complete control of the former Fincuoghi, now Kale Italia. The Kale Group says it plans to invest 25 million Euro (approx. $33.4M US) over the next five years within the facilities formerly owned by Fincuoghi located in the Italian cities of Sassuolo, Fiorano and Borgotaro. Under the agreement, the purchase of Fincuoghi also includes its brands Edilcuoghi, Edilgres and Campani.