Italian Design Brands becomes Dexelance. The company has decided to change its skin and name, creating a new brand with the aim of highlighting the new positioning of the group and underlining its increasingly international scope. The announcement came on Thursday at the Triennale di Milano from Andrea Sasso, chairman & CEO of Dexelance, Giorgio Gobbi, managing director of Dexelance, and Giovanni Tamburi, founder, president and CEO of Tamburi Investment.
“Building on the important milestone achieved in May 2023 with the qlisting on Euronext Milan and the entry - with a weight and role of great importance - of an investor like Drums Investment Partners SpA, Dexelance is already a protagonist in the high-end market (Core High-End Design Furnishing market, whose global value amounts to approximately 47 billion euros, of which approximately 25% is produced by Italian companies, often small) and wants to continue to grow and develop, both organically and through acquisitions,” the company said in a statement.
The Dexelance group is currently made up of 11 entrepreneurs/CEOs with their companies and their 14 brand, all Italian, and intends to project itself into the future and abroad to integrate its ranges with complementary projects, bringing together other excellent companies, both in the strategic areas already covered and in other segments, to position itself as a privileged interlocutor for the high-end clientele of the sector, all over the world. For distribution, Dexelance can already count on more than that 4.500 retail partners in all the most prestigious international locations. Among the new segments of interest, particular attention will be paid to outdoor furnishings, the bathroom and the world of surfaces.
CEO and president Sasso: "The stock exchange is a starting point, Dexelance strengthens its international position"
CEO and President Sasso commented: “We were the first Italian design group to be listed on the stock exchange,” declared Andrea Sasso, chairman & ceo of Dexelance. “The listing is a starting point, and not a point of arrival, which makes us particularly proud, also because it was successfully concluded in a market context that is not easy for listings throughout Europe. From today, with the birth of Dexelance we not only strengthen our position at a national level, but we set ourselves the ambition of accelerating growth, both organically and externally, playing a leading role in the global reference market".
“Since the foundation of Italian Design Brands – now Dexelance – our goal has been to support individual companies in the new challenges posed by the market and help them accelerate the growth process they had already undertaken, preserving their DNA, entrepreneurial values and maintaining entrepreneurs at the helm,” he added Giorgio Gobbi, managing director of Dexelance.
“I am convinced that the current period is particularly suitable for consolidating and, above all, developing a very fascinating project, the dream of giving a real growth perspective to exceptional entrepreneurs, in a sector with enormous potential, but too fragmented to be able to facing the challenges that the global world presents us with. According to the now consolidated traditions of Tip's business model, based on M&A, strategic aggregations and a great respect for entrepreneurs/partners, we wish to continue to convince ambitious entrepreneurs and families of industrialists eager to give permanence to their respective companies to carry out a project at unique moment, with the highest level of Made in Italy at its centre,” he concluded Giovanni Tamburi, founder, president and CEO of Tamburi Investment, but also a great lover of art and design.
