Announcement of Company organizational change

Aiming to accelerate growth by adopting a stronger Corporate Structure

Milan, January 10th2018 – De Nora is pleased to announce today its decision to implement a new company structure, effective Jan 1, 2018.

The change in the structure of the group, which is aimed at promoting De Nora’s core strategies in the Electrode and Water Technologies, involves the carve out of the industrial activities of Industrie De Nora S.p.A, with the establishment of a new company, De Nora Italy S.r.l.. Thanks to this new structure, Industrie De Nora S.p.A., founded by Oronzio De Nora, consolidates the Corporate Functions and its position of HQ and Holding Company of the whole De Nora Group.

As a result, De Nora expects to accelerate its speed of decision-making and execution, as well as to strengthen its base and accelerate growth both in the Electrode Technologies and in the Water Technologies Business.

Paolo Dellachà, CEO De Nora, states: “The M&A activities undertaken over the last years impacted on the overall group structure increasing its complexity. This change is one of the important next steps that are expected to drive our transformation to better positioning ourselves in the market. The new structure grants a greater transparency and efficiency and will allow the organization to unlock new opportunities while unifying processes critical to our future.”

 

 

Industrie De Nora S.p.A.

Via Bistolfi, 35
20134 Milan Italy
Tel. +39 02 21291
industriedenora@denora.com