Somec S.p.A.
MMIL:SOM25.60
EUR
+0.80
(+3.23%)
ISIN
IT0005329815
Return %
Stock
S&P 500
1Y
84.17
14.20
3Y
-5.54
81.12
5Y
-18.73
68.34
Capital Structure
EUR
•
in mil. unless spec.Working Capital
EUR
•
in mil. unless spec.Growth Rates
EUR
•
in mil. unless spec.Semi-annual Revenue
EUR
•
in mil. unless spec.Semi-annual Earnings Per Share
EUR
•
in mil. unless spec.Semi-annual Dividends Per Share
EUR
•
in mil. unless spec.Company Description
- Full Time Employees
- 995
- Sector
- Consumer durables
- Industry
- Home furnishings
- Address
- San Vendemiano Italy
- IPO Date
- May 14, 2018
- Website
- somecgroup.com
- Similar Companies
- Business
- Somec S.p.A. is an Italy-based engineering, manufacturing, and installation company specializing in the design, custom fabrication, and turnkey delivery of complex architectural envelopes, engineered naval glazing, professional kitchen systems, and bespoke luxury interior fit-outs. Founded in 1978 and headquartered in San Vendemiano, Italy, the company operates across three primary business divisions: Horizons: Engineered Systems for Naval Architecture and Building Envelopes; Talenta: Professional Kitchen Systems and Products; and Mestieri: Design and Creation of Bespoke Interiors. Under the Horizons division, the company designs, engineers, fabricates, and installs custom marine glazing solutions, including balcony doors, balustrades, central glazed roofs, windscreen partitions, fire-rated glass walls, and automated sliding systems for cruise liners, commercial vessels, and mega-yachts; bespoke building envelopes, including custom curtain walls, double-skin facades, unitized exterior cladding, structural glass skylights, and high-performance fenestration systems for commercial towers, institutional facilities, and high-rise residential properties, primarily operating through its North American subsidiary Fabbrica LLC. Through the Talenta division, Somec engineers and manufactures comprehensive food service equipment and professional kitchen systems, providing marine galleys, customized preparation counters, modular cooking suites, commercial ovens, refrigeration cabinets, dishwashing stations, and ventilation exhaust hoods for the cruise industry, luxury hotels, high-end restaurants, and institutional catering operations, utilizing specialized brands such as Gico, Inoxtrend, Primax, Pizza Group, and Oxin. Through the Mestieri division, the company delivers high-craftsmanship interior outfitting and custom architectural finishes, offering turnkey millwork, high-end joinery, decorative metalwork, lighting fixtures, and engineered luxury marble and stone installations for luxury retail boutiques, hospitality properties, maritime VIP suites, and private residences, operating through specialized entities including Mestieri S.r.l., Budri, Gino Ceolin, Lamp Arredo, and Matt Outfitting. The company serves a global client base comprising commercial shipyards, cruise ship operators, commercial real estate developers, general contractors, architectural firms, luxury retail brands, and hospitality groups across Europe, North America, the Middle East, and Asia-Pacific. In recent developments, Somec has executed a strategic reorganization consolidating its operating subsidiaries around its three core pillars—Horizons, Talenta, and Mestieri—to streamline industrial synergies, cross-selling capabilities, and international project execution. The group has significantly expanded its civil architectural envelope footprint in the United States through its subsidiary Fabbrica LLC, securing major curtain wall and facade contracts across key metropolitan markets including New York, Boston, and Miami. Within its Mestieri division, the company has completed the integration of luxury craftsmanship acquisitions, including high-end marble engineering specialist Budri and artisanal architectural metal fabricator Gino Ceolin, enhancing its turnkey interior fit-out capabilities for prime residential, yacht, and luxury commercial sectors. Additionally, Somec has strengthened its marine refit and modernization operations to capture rising demand for cruise vessel decarbonization, passenger area refurbishment, and energy-efficient galley and glazing system retrofits across European and American shipyards.