Gruppo Saviola considers acquisitions; has targets in sight – Read the interview with Alessandro Saviola

Gruppo Saviola, an Italian recycled wood panel manufacturer, could pursue acquisitions to accelerate its international expansion and has some targets in sight, CEO Alessandro Saviola said.

Management looks at Germany and other European markets for potential acquisitions, having started its internationalisation process last month, with the takeover of German competitor Nolte Holzwerkstoff, he said. It does not have mandated advisors but evaluates whether to hire them on a case-by-case basis, he said.