Released on = June 2, 2007, 1:27 am

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = Radici Group, a family-owned firm, is a diversified group of
manufacturing companies with activities in five separate divisions-fibres,
chemicals, textiles, plastics and auxiliary products. There is a substantial

Press Release Body = Profile of Radici Group: Vertical Integration is the Key

Radici Group, a family-owned firm, is a diversified group of manufacturing companies
with activities in five separate divisions-fibres, chemicals, textiles, plastics and
auxiliary products. There is a substantial amount of integration, however, between
the five divisions. The group is one of only a few firms which are firmly committed
to investing in the production of fibres and textiles in Europe and the USA. The key
to sustaining this strategy, it believes, is to maintain flexible operations and to
move away from commodities. Radici is well aware that there are many challenges
facing all the industries represented by its five divisions, particularly in Europe.
Such challenges include rising energy and labour costs, underutilisation of existing
European production capacities and general overhead costs. However, these challenges
are being met head-on through flexibility, cost effectiveness and a high level of
vertical integration. By the end of 2005 Radici intends to purchase a significant
stake in Nylstar-its major European competitor in the European polyamide (nylon)
fibre industry. Assuming the purchase goes ahead, Radici will become the biggest
player in polyamide fibres and filament yarns for the fashion industry.


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