The transaction represents a strategic milestone for both companies and forms part of a broader path aimed at strengthening their industrial and commercial capabilities within the international textile sector.

Through the integration of the “Finishing” business unit, Ferraro S.p.A. further expands its portfolio of technologies and solutions dedicated to textile finishing, enhancing the know-how, technical expertise, and long-standing customer relationships developed by Cibitex over the years.

For Cibitex S.r.l., the agreement ensures industrial continuity and new growth opportunities for the “Finishing” business activities within an industrial group with a strong international presence and extensive experience in the textile industry.

The parties confirm that the transaction will ensure continuity for customers, business partners, and employees involved, with the objective of preserving and further developing the technological and professional heritage built by the business unit.

“This acquisition marks an important step in Ferraro’s growth strategy and strengthens our ability to offer increasingly comprehensive and innovative solutions to customers in the textile sector,” stated Simone Ferraro and Leo Petruzio, managing directors of Ferraro S.p.A.

“We believe Ferraro is the ideal partner to enhance the potential of the Finishing business unit and to ensure continuity and development for the activities and people involved,” stated Marco Cortiana CEO of Cibitex S.r.l.

The closing of the transaction took place on July 2^nd 2026, in accordance with the terms and conditions agreed between the parties.