Home » Egm, Re Inox to the rescue of orphan Illa from Ikea

Egm, Re Inox to the rescue of orphan Illa from Ikea

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Egm, Re Inox to the rescue of orphan Illa from Ikea

Its steel crown had long since lost its 1970s charm, like many of the historic brands of the Italian boom. In recent years Re Inox, with Aeternum, had however continued to administer his kingdom within the Bialetti Group, generating 12.3 million net revenues last year (14.4 million gross) and an Ebitda of 2. 2 millions. Now he will reign over the Egm: the Brescia-based group, which is continuing with its complex restructuring plan, has announced the sale of the business branch…

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