Rizzinox shines at BIR
03/06/2024A new chapter of growth and Innovation
We are pleased to announce that Rizzinox, one of the leading companies in stainless steel recycling in Italy, has been acquired by the prestigious Thommen Group, an ideal partner both culturally and entrepreneurially.
The acquisition, which will be completed by the end of September 2024, marks the beginning of a new era for Rizzinox. Indeed, it represents a strategic step for both companies, strengthening their presence in the Italian market and enhancing their ability to create value in the stainless steel sector, benefiting from Thommen’s extensive experience in stainless steel recycling.
Giuseppe Rizzi, CEO of Rizzinox, commented:
We are extremely satisfied with this achievement, which recognises Rizzinox as a constantly growing company 📈, well-organised and with a clear vision in our sector.
This strategic partnership with Thommen Group will allow us to increase our business volume over time and improve our service both quantitatively and qualitatively for our Customers and Suppliers. Additionally, Rizzinox will enhance its ongoing search for reliable Suppliers, whether traders or producers of stainless steel scrap, to purchase scrap in a serious and consistent manner, always reaffirming itself as a champion of recycling and an ally of the environment.
Thank you to all our Partners, Customers, and Suppliers for your continued support. We look forward to the future with enthusiasm and to the new opportunities this union will bring.
