Behind all the company's activities and projects are strong, inspirational values
Francesco Casoli, Executive Chairman of Elica Corporation, has laid down the 10 Commandments that inspire Elica operations::
Elica S.p.A. is founded
First contract with Philips
Premature death of founder of Elica, Ermanno Casoli.
His son Francesco Casoli takes over the management of the company.
Francesco Casoli appointed Chief Executive Officer
Operation Araba Fenice: a fire razes the Fabriano
plant to the ground, but it is rebuilt in just four months, thanks to the commitment of all employees
Acquisition of 60% of Jet Air and 20% of Airforce
Acquisition of controlling stake in Fime, a company specialising in the production,
design and sale of motors for household appliances and boilers
Establishment of Ariafina, a joint venture between Elica and Fuji Industrial Co. Ltd., Japan
Acquisition of controlling stake in Fox and a further 25% in Airforce
Opening of the Fime Polska Plant, Poland
Acquisition of an additional 1% of Ariafina, giving Elica control.
Opening of the Elicamex, Mexico. Acquisition of the remaining 40% of Jet Air. Acquisition of Turbo Air
Elica listed on the Milan Stock Exchange
Fime Polska changes name to Elica Group Polska: also start of production of hoods.
Merger of Jet Air, Turbo Air and Fox. Acquisition of 60% of Airforce
Acquisition of 100% of the German company Gutmann
Merger of Fime.
Establishment of Elica PB India Private LTD, aA joint venture between Elica and Pralhad Buthada, India.
Acquisition of 55% of Zhejiang Putian Electric Co. Ltd., owner of the Puti brand, China.
Elica's shareholding in Zhejiang Putian Electric Co. Ltd increased to 70%
Opening in the Russian Federation Elica Trading LLC., 70% owned by Elica, with offices in Moscow and St. Petersburg
Transfer to Fuji Industrial Co. Ltd. of3.24% of the share capital of the Chinese company Zhejiang Putian Electric Co. Ltd. (Putian)..
Elica's shareholding in Elica Trading LLC increased to 100%