San Lazzaro, Italy – Italian CASE manufacturer Cervellati is now part of the French-headquartered Exsto Group. Cervellati says that its integration into Exsto will allow it to accelerate future growth, particularly in overseas markets.
Cervellati manufactures both PU and rubber parts at its facility near Bologna, where it has 60 employees. Its 2019 turnover was almost EUR 9m. It has a licence to use Covestro’s Vulkollan high-performance PU.
Exsto, headquartered in Romans-sur Isere in south-east France, gained an initial foothold in the Italian market with the 2015 acquisition of Tecnotec. It also has facilities in Brazil and the US, and annual turnover of EUR 45m.
