GMM Group reports strong growth in 2021

GMM Group reported revenues in excess of €17 million in 2021, an approximately 20% increase over the previous year. Digitalisation and energy efficiency are among the drivers of the growth.

 

GMM Group reported revenues in excess of €17 million in 2021, an approximately 20% increase over the previous year. This is a combined result of contributions from all of the Fiorano Modenese-based group’s business units: GMM Industrial Components, which distributes top brand components; BBM Industrial Maintenance, with its highly specialised condition monitoring and predictive maintenance services; Malaguti Industrial Revamping, which operates in the field of electromechanical regeneration; and the subsidiary GMM USA (Clarksville, Tennessee), a well-established player in the US ceramic sector.

Following the Group’s process of reorganisation and adoption of increasingly customer-oriented corporate policies, it has succeeded in expanding its activities outside the ceramic industry and establishing important new partnerships with leading companies in the Food & Beverage and Energy sectors.

The 2021 results reflect the Group’s unflagging commitment to its values and mission, including research and technological innovation, digitalisation, 24-hour service and customer support, tailoring of industrial systems and an increasingly strong focus on the green economy and energy efficiency.

For the past 50 years, the GMM Group has continued to assert its role as a Global Industrial Partner for major industrial sectors, an intention that is confirmed by its turnover projections. The Business Plan for the next 5 years envisages strong growth in investments in industrial services with the aim of creating a highly differentiated, value-added offering for its customers.

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