Fenzi Group Announces Acquisition of Advanced Glass Technologies
November 24, 2021
Milan, Italy– Fenzi Holdings SPV S.p.A (“Fenzi Group”), a leading chemical company in the glass processing industry and headquartered in Italy, today announced the acquisition of Johnson Matthey’s Advanced Glass Technologies (“AGT”) business, a leading global provider of specialist glass enamels and precious metal pastes supplied mainly to the automotive sector.
Fenzi Group’s Chief Executive Officer, Alessandro Fenzi said, “We are delighted to welcome the AGT organization to the Fenzi Group. AGT’s leadership in glass enamels for the automotive and industrial sectors fits perfectly with our strategy to be the largest and most complete partner for the glass industry worldwide. This partnership brings new innovative technologies to our global customer base. We believe that AGT’s growth will be enhanced under the Fenzi Group.”
The acquisition is expected to close in the spring of 2022.
About Fenzi Group
The Fenzi Group is the worldwide leader in chemicals for the glass processing industry. The company was founded in Milan, Italy in 1941, where it still has its headquarters, and now has twelve factories in strategic markets across the continents, delivering high-quality mirror backing paints, IG sealants and spacers, decorative glass paints.
For more information, please visit www.fenzigroup.com.