NEWS RELEASES
LCI Industries' Italy Subsidiary Makes Another Acquisition
Editor's Note: This news item was retrieved and first published through Lippert Components' website.
ELKHART, Ind. - LCI Industries recently announced that its subsidiary, LCI Italy, has acquired Ciesse S.p.A. (“Ciesse”), a supplier of railway interior products and systems, headquartered in Rignano sull’Arno, Italy, effective August 31, 2019. Ciesse had trailing twelve-month sales of approximately €22.5 million through June 2019. LCI welcomes Ciesse’s strong management team to the LCI family and looks forward to better serving its customers with its expanded railway product offerings.
In 2017, LCI acquired Varese, Italy-based manufacturer Sessa Klein S.p.A., expanding the Company’s operational capabilities to include highly engineered side window systems for both high speed and commuter rail. Ciesse’s expansive railway interior products and systems further expands the Company’s complete railway solutions division and will serve to create greater synergies among rail customers.
For the full press release, visit LCI's website.