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AICEP
Agência para o Investimento e Comércio Externo de Portugal

CABEÇALHO

The Turin-based company belongs to the Saci Group, whose main activity is the production of wirehoods.

Corticeira Amorim has acquired a 50% stake in the Italian company Saci for €48.66 million, according to a press release sent to the Portuguese Securities Market Commission (CMVM). The Turin-based company belongs to the Saci Group, whose main activity is the production of wirehoods.

 

With this deal, Corticeira Amorim “has acquired a significant stake in a group with a strong product portfolio, an outstanding customer base, a high level of prestige and international market”. In 2020, the Saci Group recorded a consolidated turnover of €70 million and an EBITDA of €10.5 million.

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