StellaGroup announces the acquisition of Pratic Spa.
Based in Fagagna (Friuli) in northern Italy, Pratic is owned and managed by Edi and Dino Orioli, sons of its founder. The acquisition is subject to antitrust approval.
For over 60 years, Pratic has specialized in the development, production and sale of outdoor living products, such as pergolas, slatted roofs and patio screens. The company is the market leader in Italy and generates 40% of its sales abroad. Pratic stands for high-quality products and service towards its professional dealers in the awning industry. In 2022, Pratic achieved a turnover of more than 80 million euros and with 300 employees working on the basis of the Industrial Excellence program in their ultra-modern production site in Fagagna.
It is the ambition of StellaGroup and Pratic -with this acquisition- to become one of the biggest European leaders in the sun protection industry.
StellaGroup is an established international player in the European market with representation in France, the Netherlands, Germany, United Kingdom and, as of now, Italy. All business units -Window Closure, Access, Outdoor- have a combined turnover of 642 million euros in 2022 and employ more than 2,500 employees. In the Benelux, the StellaGroup is represented by the AVZ Group.