The two companies specialised in industrial coating are now officially part of a single industrial reality employing over 350 people.
The Argos Surface Technologies Group, which since 2020 has been grouping the leading companies in the surface treatment and coatings industry, announces the merger into it of Rotostatic, a company founded in 1978 and based in Borgaro Torinese (near Turin) specialising in cataphoresis and powder coating, and Foresi, a company based in Gonzaga (Mantua) boasting over thirty years of experience in industrial coating.
The merger will give rise to a single industrial reality with an overall annual turnover rising to 23 million Euro, 158 new employees and two plants, including the group’s largest covering 24,000 m2 (former Foresi) and one covering 4,000 m2 (former Rotostatic).
“This merger allows us to officially combine the experience and know-how of the two companies in one of Italy’s most important industrial realities, Argos Surface Technologies, specialised in surface treatments, coverings and industrial coatings.” commented Guido Ghilardi, Managing Director of the Painting and Cataphoresis Business Unit of the Argos ST Group. “Moreover, joining the Argos Surface Technologies Group means belonging to one of the key industrial hubs in our sector”.
“With this operation we can further consolidate and boost the quality of our offer.” explained Andrea Siano, Chairman of the Argos Surface Technologies Group. “The Argos ST Group’s industrial project is aimed at creating an interconnected and functional network of companies that aspires to be Italy’s leading operator for surface treatments and coatings and to expand its offer, by integrating ever new industrial coating sectors”.