Boffi and D Padova Reach an Agreement for the Merger of the two Companies

Published on : Wednesday, April 8, 2015

indexToday an agreement was reached an announcing  an important strategic alliance within the design industry.

 

Boffi, the high-end brand for kitchens and bathrooms, has acquired 100% of De Padova, worldwide iconic furniture Design Company. Luca De Padova acquires 7.5% of Boffi and therefore becomes its second main shareholder.

 

The important step will see to the two brands maintaining their own different identities, united by the same shared aim of creating a platform of excellence for the design industry which is now even more integrated and interlinked for all the living areas: from bathrooms a to beds and storage systems, kitchen to upholstered products and complementary items.

 

Boffi and D Padova will collaborate together to further develop the common process of internationalization in order to sustain the Italian ‘know how” by forming a stronger unity and increasing involvement in both private and contract sectors. Luca De Padova is now president of Boffi, he will contribute to the development of the group thanks to his knowledge and experience within the interior industry.

 

Roberto Gavazzi is now CEO of Boffi and De Padova, ensuring operational guidance for both companies.

 

Boffi and De Padova are the extraordinary combination of two heritage brands which integrate perfectly thanks to their business histories, contribution to the development of Italian design, and strong brand image as market leaders.

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