The first plant, in Pontenure, was acquired in 2011. How did this happen?
Back then, we imported materials from four Xella plants from four different countries and found that our logistics were neither economical nor sustainable. We considered developing a greenfield project, but it never came to reality. In 2011, we had the chance to take over the Hebel plant in Pontenure, which changed everything.
Despite the recession that was affecting severely all businesses, in these years we had the chance of substantially grow our business and create a real Company with administration, production and sales and starting to become really organized; we had to transform the organization with specialized people covering most of all business topics, like how to set up efficient and safe production.
We had to learn by doing, and we made a lot of mistakes, but we benefited from them.
What kind of mistakes?
For example, during the 2011-2012 financial crisis, we had no proper credit management, we were not structured to do it and we had not even dedicated people for this; under this circumstances, due to the acquisition of the Pontenure plant, we more than doubled our turnover and the number of customers overnight, in a moment of economic crisis.
We had to work quickly, creating and organizing a Credit dept with specialized resources. We improved significantly, and I believe that today, we are top-notch in terms of credit management.
With the opening of the second AAC plant in Atella in the south of Italy, which began producing under the Ytong brand in 2020, structuring the organization became even more important.