Alpha Group completed the acquisition of Italy-based Laminam from System for €250m.

Alpha Group, a private equity firm, completed the acquisition of Italy-based Laminam, a specialist in large-sized ceramic slabs used in architecture, from System in a €250m management buyout transaction. "We are extremely pleased with the acquisition of Laminam, the undisputed leader in the production of large-size ceramic slabs with a brand recognised by architects and interior designers all around the world. Alpha will work alongside Alberto Selmi and the entire management team to further boost the company's international development. Laminam will continue to leverage the technological advantage and innovative content of its ceramic slabs that Franco Stefani and Alberto Selmi, together with the management team, have created," Edoardo Lanzavecchia, Alpha Managing Partner.