PRIVATE COMPANY; YEAR ESTABLISHED: 1971
REVENUE: $125 million
Industrial wood coatings
ICA SpA is an Italian company founded in Civitanova Marche in 1971 and specializing in coatings for wood. The iCO division retains intact the personnel, facilities and expertise of Salchi Wood Coatings, based in Romano D’Ezzelino. In 2017, ICA Group’s revenue was $125 million, of which 54 percent was generated outside Italy. The manufacture of coatings is carried out at two production plants in Italy. Last year, the ICA group sealed an important joint-venture agreement with Pidilite for the distribution of its products on the Indian market as well as for other adjacent countries such as Sri Lanka, Bangladesh, Bhutan and Nepal. The group currently has 560 employees and more than 10,000 clients.