Nemo Group acquires Driade and FontanaArte
The group now has five companies in its portfolio, with distribution in 80 countries
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Key points
3' min read
Two historical Italian design brands, Driade and FontanaArte, became part of the Nemo Group, the furniture cluster founded by Federico Palazzari, with the birth of Nemo Lighting in 2012 (after taking over the Nemo brand from the then Frau Group), joined by Ilti Luce in 2020 and Reggiani in 2023.
After this transaction, the group, which specialises in high-end decorative and architectural lighting, employs 230 people with five sales subsidiaries and four production units, one of which is in China.
Five independent brands
.The acquisition of Driade and FontanaArte by the Nemo Group is part of a broader project to consolidate the group: "This operation is consistent with our project to contribute to the growth of Italian companies that have made the history of design and lighting in the world," explains Coo Andrea Spallino. "Over the years, the Nemo Group has developed a unique management and development model, which is based on a profound knowledge of the industrial and commercial aspects of design, combining the indispensable values of family businesses with the growth of a management with a strong entrepreneurial vocation.
The five companies of the group will continue to work independently, but share strategic group synergies to drive growth and the global competitiveness of the brands in the portfolio, thanks to a structured commercial presence in Italy, France, Denmark, the UK, the US, China and the Middle East, as well as a distribution network covering more than 80 countries.
As part of the same transaction, BeNice Holding will take over the majority of Valcucine, a historic company from Friuli specialising in high-end designer kitchens.
