# Managers acquire majority stake in Sicer Group with Ardian minority stake

Gianfranco Padovani, Giuliano Ferrari and Marco Eumenidi have acquired a majority stake in Sicer Group, a producer of specialty coatings for ceramic decoration. Private equity firm Ardian holds a minority stake to support international growth.

- Type: Acquisition
- Announced: 2025-03-01
- Where: Italy
- Status: completed
- Products: specialty coatings for ceramic decoration
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ardian](https://endata.com/companies/4607.md) (investor)
- [Sicer](https://endata.com/companies/51267.md) (target)

## Sources

- [ceramicworldweb.com](https://www.ceramicworldweb.com/index.php/en/news/sicer-acquisition-completed), 2025-04-28: "The acquisition of the Sicer Group by entrepreneurs and managers Gianfranco Padovani (Executive Chairman), Giuliano Ferrari (CEO) and Marco Eumenidi (Commercial Director) was finalised in March."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.