2 January 2014

CMA(Astoria) and WEGA Espresso Coffee Machines prepare for a significant future

Susegana, 24 October 2012 – CMA(Astoria) and WEGA Espresso Coffee Machines hereby confirm, that the two noted entities have as at the 9th. October 2012, effectively been purchased by the holding company Ryoma from Milan, headed by Federico Gallia in the position of sole administrator.

The new management team of CMA(Astoria) and WEGA Espresso Coffee Machines is composed in addition to Federico Gallia, by Paolo Nadalet and Beppino Ceotto who will take on the role of co-administrators of the above noted companies.
The continuity of the two leading companies, namely, CMA(Astoria) and WEGA Espresso Coffee Machines, with their subsidiaries around the world, will be guaranteed not only by the new investors, but also by the presence of Sonia Dal Tio representing the founding family.
In addition to the above, there will be the leading of operational management and company strategy by the experienced managers Paolo Nadalet and Beppino Ceotto.
“The cession of the companies has been carried out with the view to guaranteeing absolute continuity of operations, as wanted by the founder, Mr. Nello Dal Tio, and by the new shareholders, ensuring perpetuity without any deviation from the past, in addition to preserving the company know-how, thus guaranteeing stability to the stakeholders, with their experience in company management”.

Further, and as stated by Nadalet and Ceotto; “At the head office and production facility, based in Susegana –Treviso, the day to day activities will proceed exactly as was the case, prior to the cession of CMA(Astoria) and WEGA Espresso Coffee Machines. The company workers and collaborators have already received ample guarantees in this regard.”
“This new direction, will lead to the further development and ulterior projects which will ensure the presence of the group brands on the world markets, thus guaranteeing their visibility and future”.

Satisfied too with the outcome, Mr. Nello Dal Tio, present on the market with the CMA(Astoria) brand since 1969. “I am enthusiastic with the solution, thanks to which our family will ensure the continuity of the associated companies, and their high level products in the form of CMA(Astoria) and WEGA”.
“I am quite sure that this new direction will ensure that the companies will continue to grow, and further strengthen the optimal friendship and collaboration with our trading partners the world over. In addition to this, the confirmation of the importance of coffee culture and Italian tradition in the business of espresso coffee machines throughout the world”.

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