Ferro Corporation’s acquisition of Italian coatings manufactureres S.P.C. Group s.r.l. and Smalti per Ceramiche s.r.l.

Jones Day has advised Ferro Corporation in its acquisition of S.P.C. Group s.r.l. and Smalti per Ceramiche, s.r.l., a high-end tile coatings manufacturer based in Italy that focuses on fast-growing specialty products, for approximately €19.8 million on a cash and debt free basis.

Ferro Corporation is a leading global supplier of technology-based functional coatings and color solutions. Ferro supplies functional coatings for glass, metal, ceramic and other substrates and color solutions in the form of specialty pigments and colorants for a broad range of industries and applications.

Ferro products are sold into the building and construction, automotive, electronics, industrial products, household furnishings and appliance markets. The Companys reportable segments include: Performance Coatings (metal and ceramic coatings), Performance Colors and Glass (glass coatings), and Color solutions.

Jones Day has advised Ferro Corporation on the deal with a team led by partners Patrick Leddy and Stefano Crosio (picture).

Involved fees earner: Stefano Crosio – Jones Day; Patrick Leddy – Jones Day;

Law Firms: Jones Day;

Clients: Ferro Corporation;

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