Gemme Italian Producers confers the activities in LELIT and sells the business to Breville

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Gemme Italian Producers srl confers all activities in LELIT srl. This new constitution involves also Seriveneta srl, 100% acquired by the company, specialized in the silk-printed plate manufacture. This process has been completed prior the acquisition in which the Franciacorta based company sold the business to the Australian Breville Group limited for 111,7 million euros. Apart from granting the access to greater resources and a new R&D lab, the acquisition will allow to significantly enlarge the products’ catalogue and improve those already part of it. Joining the Breville Group limited offers LELIT srl the opportunity to achieve ambitious development plans, and to benefit from the global sales infrastructure owned by the Australian company. LELIT will open even more to the international market, which already represents 80% of shares, strengthening its presence in new areas and enlarging its client portfolio. This is a great step for the evolution of the company, established in 1986 thanks to the intuition of Maria Bellini and Edoardo Epis. In the following years, the four sons of the couple, Emanuele, Giorgio, Marco and Mauro, joined the family business, extending the production and giving the company a strong international scope. Gemme Italian Producers srl, owner of the LELIT brand, was founded in 1998. Now LELIT srl has gained a relevant position in the prosumer home appliances market, together with a solid distribution on a global level. Over the last years, the company has proudly faced a strong growth rate; in fact, 2020 was marked by an 82% increase compared to 2019 and 2021 by 65% compared to 2020.