FortanaArte and Drade become part of Nemo Group
(Italy) – Italian international lighting company announce the acquisition of Italian brand FortanaArte and Driade.
The operation is part of broader project to consolidate the Italian group, funded by Frederico Palazzari with Nemo Lighting, expanded in 20220 by taking over ILTI Luce and then in 2023 with the entry of Reggiani.
Andrea Spallino, COO of Nemo Group, says: This acquisition is consistent with our project to contribute to the growth of Italian Companies that have made the history of design and the lighting worldwide. Over the years, Nemo group has developed a commercial aspect of design, combining the essential values of family business with the growth of a management team with a strong entrepreneurial vocation.”
Stefania Ferrari, CMO of Nemo Group, says “The foundation of Nemo Group’s success and the companies that are part of it lie in the ability to combine tradition and innovation. The entry of FontanaArte and Driade is a unique opportunity to enhance Italian know-how, consolidate our position in the international design scene, and respond to the needs of an increasingly demanding global market.”
All five companies in Nemo Group will continue to operate separate entities within the framework of cooperation that will strengthen the global competitive positioning to resolve varied market needs.
www.nemogroup.com