LCI Industries has announced that its subsidiary, LCI Italy S.r.l., has acquired Ciesse S.p.A., a supplier of railway interior products and systems, headquartered in Rignano sull’Arno, Italy. Ciesse had trailing 12-month sales of approximately $24.8 million through June.
LCI welcomes Ciesse’s management team to the LCI family and looks forward to better serving its customers with its expanded railway product offerings, according to the company.
In 2017, LCI acquired Italy-based manufacturer Sessa Klein, expanding the company’s operational capabilities to include highly engineered side window systems for both high-speed and commuter rail. Ciesse’s expansive railway interior products and systems further expands the company’s complete railway solutions division.
“The addition of Ciesse’s products, leadership, and customer base allows us to continue our growth and pursuit of obtaining a more complete suite of components and solutions for the global rail industries,” said Jason Lippert, CEO and president of LCI. “As the overseas rail market is beginning to see some real growth, we are enthusiastic about further evolving our railway product offerings and market share in that market. We look forward to the Ciesse leadership team’s continued service of existing customers and collaboration with our U.S.-based leadership teams to find new opportunities in the international railway market.”