B&T Group acquires the Facondini company and consolidates its leadership in the bedding sector. The birth of an Italian pole worth over €100 million
B&T Group, already owner of Dorelan brand, announces the acquisition of Facondini. The merger between two historic Made in Italy companies specialising in sleep solutions enables B&T to further strengthen its position, leading to the creation of an Italian bedding sector hub with a turnover of over €100 million.
Following the integration Facondini will maintain the commercial independence that has enabled the company to offer a wide range of mattresses, sleep-related items and furniture. In this way, B&T Group will benefit from the contribution of a company of great value not only from a qualitative point of view, targeting an increasingly wide, diverse client base through online and retail channels.
Great attention is also paid to environmental sustainability, working conditions and social responsibility. In 2021, the B&T Group reported an economic turnover of more than €85 million, up 34% on 2020.
"We are very happy with this acquisition", say Diano Tura and Pietro Paolo Bergamaschi, founding partners of B&T Group, with great pride. In 1968 they designed Dorelan mattress, laying the foundations of a success story combining Made in Italy quality, research, innovation, creativity and passion. "This is an important step in the evolution of our business. Adding a company like Facondini to our structure opens up new opportunities for us in the future, giving a further boost to the expansion that is already enabling the Dorelan brand to experience constant growth, thanks to its financial results and significant investments that are increasingly strengthening our presence on the Italian market and opening up foreign markets, too", Tura and Bergamaschi conclude.
B&T Group was assisted by Massimiliano Tintinelli of MTI Consulting as advisor, by E&Y for the financial element and Riccardo Pinza of Studio Pinza, as legal advisor. Facondini was assisted by NEST Srl in the person of its CEO, Niccolò Di Bella and Giancarlo Minerva as advisor, by Lorenzo Bacciardi and Pier Federico Orciari of Studio Legale Bacciardi&Partners, as legal advisor, and by Korus Partners for tax and corporate consulting in the person of Alberto Tatò and Michele Cenci.