- Business
- Franchi Umberto Marmi S.p.A. (FUM.MI) specializes in the extraction, processing, and international trade of premium Carrara white marble blocks and slabs; it offers distinctive varieties including Calacatta Franchi, Statuario Franchi, Bianco Venatino, White Carrara and Joy, Zebrino, Bardiglio, Manhattan Grey, and Grigio Collemandina, alongside decorative home design products such as furniture, benches, lamps, vases, fountains, sofas, tables, beds, and bookcases that blend marble with metals and fabrics for luxury indoor and outdoor applications. Founded in 1971 and headquartered in Carrara, Italy, with operations spanning approximately 47,000 square meters including five modern showrooms and Industry 4.0 facilities, the company serves high-end markets in construction, architecture, and design, targeting customers in Italy, China, USA, Mexico, United Arab Emirates, Turkey, Vietnam, and Australia through subsidiaries like its Sydney and Melbourne showrooms. A subsidiary of Holding Franchi S.p.A., it emphasizes "Made in Italy" excellence under leadership of Chairman and Managing Director Alberto Franchi and Vice Chairman and Managing Director Bernarda Franchi. Recent developments include the completion of a 12,000-square-meter showroom expansion in early 2020, the 2023 acquisition of a 49% stake in FUM Australia Pty Ltd with an option for an additional 2% to consolidate Australian operations and enhance market presence in Sydney and Melbourne, significant revenue growth in 2024 driven by North American and Australian expansions amid global strategies, ongoing share buyback programs as of November 2025, and key contracts such as supplying Calacatta Franchi marble for Toronto's TheWell skyscraper and Jeddah's new mosque.