In order to grow and to further develop its business, especially abroad, for the future ahead, Cervellati decided to collaborate with a renowned international group of plastic materials: the EXSTO Group. The group had already enter the Italian market in 2015 by controlling the company TECNOTEC, located in Villanova-Mondovì and Piumazzo di Castelfranco Emilia (MO). In addition, the EXSTO group, based in Romans-sur-Isère, has got other facilities also in Brasil and in the USA. In addition to the technical, industrial and financial support, Cervellati will benefit of the international commercial network of the EXSTO group. In 2020 the group will count 280 employees, of which more than 80 in Italy, and a consolidated turnover of 45 mln €, of which 13 mln € in Italy.
CERVELLATI joins the French group EXSTO
The US subsidiary of the EXSTO group, located near Detroit in Michigan, is going to become the storage hub for the wide range of recoil