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RadiciGroup company history timeline

1941

The Group is a dynamic and multifaceted enterprise, whose adventure started in 1941, when Tessiture Pietro Radici SpA was founded.

1964

The diversification process continued and led to the founding in 1964 of the first Group plant for synthetic fibre production: Radicifil SpA, located in Casnigo (Bergamo), which is now a major European manufacturer of high-quality textile yarn for the furnishings and automotive industries.

1974

In 1974, the Group set up Textile Produkte, now Radici Yarn SpA, a company engaged in the manufacture and sale of polyamide yarn, staple fibre and polymer.

1976

In 1976, the Group opened Noyfil SA, the first production plant outside Italy, which today produces and sells a wide portfolio of polyester yarns.

1981

1981 – Opening of a production site in Villa d’Ogna, Italy.

1988

In 1988, a second compounding plant was set up in Chignolo d’Isola, Bergamo.

1988 – Opening of a sales unit in France.

1989

1989 – Opening of a sales unit in France.

1996

1996 – Opening of a sales unit in the United Kingdom.

1997

1997 – Opening of a production unit in Brazil.

1998

1998 – Acquisition of a production site and creation of a sales network in Germany.

2000

Then, in 2000, the Group acquired Fibrexnylon SA in Romania, which soon afterwards was renamed Yarnea Srl.

2006

In 2006, RadiciGroup inaugurated Radici Plastics (Suzhou) Co., Ltd, its first engineering polymers manufacturing plant in China.

2006 – Joint venture with the Indian Modi Group and opening of a sales unit in India.

2010

Then, to strengthen its presence in the North American market, in 2010 the Group acquired the American compounder Michael Day Enterprises (MDE) in Wadsworth, Ohio, through Radici Plastics USA Inc.

2011

Among the most significant events in the period that followed was the 2011 acquisition of Dorix GmbH (formerly Selbitzer Chemiefaser GmbH), a historic German company active in the production of staple fibre and now renamed Radici Chemiefaser GmbH.

2015

In 2015, RadiciGroup acquired 100% of the Modi Group, thus creating Radici Plastics India Pvt.

2016

2016 – Acquisition of the Engineering Polymer Solutions business of the American company Invista in the USA.

2017

In 2017, Radici Plastics Iberica SL moved its sales offices to Barcelona, Spain.

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1941
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RadiciGroup may also be known as or be related to RadiciGroup and Radicigroup.