Eigenmann & Veronelli Group Completes Successful Spin-off of Industrial Activities to EV Produzione
Eigenmann & Veronelli (EV), a leading international distributor of specialty chemicals and food ingredients based in Italy, has successfully completed the spin-off of its manufacturing operations to EV Produzione Srl. This strategic milestone marks a significant transformation for the Group, reinforcing its commitment to operational excellence and innovation. The newly incorporated EV Produzione inherits over 110 years of industry expertise and is poised to advance the Group’s legacy in chemical manufacturing.
The decision to establish EV Produzione as an independent entity underscores Eigenmann & Veronelli’s focus on enhancing efficiency and specialization in both distribution and production. The spin-off ensures that the company’s industrial activities are aligned with modern business strategies, enabling targeted investments and a more agile response to market demands. With this move, the Group strengthens its presence in the specialty chemicals sector while fostering long-term growth and value creation.
A New Chapter in Manufacturing Excellence
EV Produzione is a specialized manufacturer of chemical products for diverse industrial applications. With a consolidated turnover exceeding €40 million in 2024, the company employs approximately 90 people across its two industrial plants, located in San Martino di Trecate (NO) and Tradate (VA). These facilities also house two dedicated research centers, further strengthening the company’s capacity for innovation and technical excellence. As an autonomous business unit, EV Produzione operates with its own board of directors, ensuring focused leadership and strategic decision-making.
Spanning a total area of 75,000 square meters, the manufacturing plants are key assets in EV Produzione’s operations. The facilities specialize in producing a broad range of chemical formulations, including mixtures, emulsions, defoamers, esters, metal soaps, and other chemical specialties. These products serve a variety of industries, such as cosmetics, rubber and plastics, surface coatings, home care, and institutional & industrial cleaning. The plants’ advanced infrastructure and cutting-edge technology ensure operational versatility, allowing for the development of high-quality, innovative solutions tailored to evolving market needs.
Driving Innovation and Sustainability
A core focus of EV Produzione’s business strategy is sustainability. The company is committed to addressing current environmental challenges through continuous innovation and responsible manufacturing practices. As part of its long-term industrial plan, EV Produzione has outlined significant investments aimed at enhancing product and process innovation. These efforts are designed to improve competitiveness and support the development of sustainable chemical solutions that meet stringent regulatory and environmental standards.
The company’s research centers play a critical role in this transformation, providing state-of-the-art facilities for product development and technological advancements. By integrating R&D with manufacturing capabilities, EV Produzione is well-positioned to lead the market in specialty chemicals. The company’s dedication to sustainability extends beyond product innovation, encompassing eco-friendly production processes, reduced environmental impact, and improved resource efficiency.
Leadership Perspectives on the Strategic Spin-off
The completion of the spin-off marks a defining moment for the Eigenmann & Veronelli Group, reaffirming its strategic vision for the future. Gabriele Bonomi, CEO of Eigenmann & Veronelli, expressed his satisfaction with this significant achievement:
“I am pleased with the successful completion of the spin-off, which represents a crucial step in our long-term strategy. This initiative highlights our dedication to creating lasting value for the Group and our stakeholders. By establishing EV Produzione as an independent entity, we are confident in our ability to drive innovation and sustainability. I extend my best wishes to our colleagues at EV Produzione as they embark on this new journey.”
Marco Tomei, CEO of EV Produzione, emphasized the company’s strategic direction and its commitment to innovation and sustainability:
“The new business plan enables us to tackle the pressing challenge of sustainability with a clear focus on investment in product and process innovation. These initiatives will significantly enhance our competitiveness and position us as a leader in advanced specialty chemicals. The synergy between our research centers and manufacturing plants will allow us to take on a decisive role in the global market.”
Strengthening the Future of EV Group
The spin-off of EV Produzione aligns with the broader growth strategy of the Eigenmann & Veronelli Group. By restructuring its operations and creating a dedicated manufacturing arm, the Group enhances its ability to deliver high-value solutions to customers worldwide. This move not only strengthens EV’s position in the specialty chemicals sector but also reinforces its reputation as a leader in the industry.
Eigenmann & Veronelli was founded in 1910 and has grown into a key international solutions provider for specialty chemicals and food ingredients. Headquartered in Pero, Italy, the company has a direct presence in Italy, Iberia, Turkey, and the U.A.E., with a commercial reach spanning over 45 countries. In 2024, the Group achieved a consolidated turnover of €347 million and employed over 350 professionals. With more than a century of expertise, EV combines deep market knowledge with cutting-edge chemical innovations, delivering a comprehensive portfolio of specialty chemicals and ingredients. The company also offers tailored application, marketing, and supply chain solutions, as well as technical and regulatory support across multiple industries.
The successful completion of the spin-off represents a major milestone in the evolution of Eigenmann & Veronelli. By separating its distribution and manufacturing activities, the Group ensures greater operational efficiency, improved market responsiveness, and enhanced innovation capabilities. EV Produzione is now well-equipped to drive technological advancements in specialty chemicals while upholding the high standards of quality and sustainability associated with the EV brand.
As the newly formed company embarks on its independent journey, the Eigenmann & Veronelli Group remains committed to fostering innovation, expanding its global footprint, and delivering exceptional value to customers. With a robust industrial plan and a strong leadership team, EV Produzione is poised to become a key player in the specialty chemicals sector, contributing to the long-term success of the Group and the industry as a whole.
