Cleia increase its capital and equity

Thanks to excellent results obtained in 2010 despite a difficult economic environment, Cleia SAS is strengthening its net equity to € 1.5 mill., and increasing the share capital to € 1 000 250. The company has been bolstered by the renewed confidence of its customers and the support of its banking and financial partners.

Thanks to the recently secured brick and tile factory contracts, totalling more than € 25 mill. in the first half of 2011, as well as promising business prospects, Cleia has confirmed its position as a major player for the supply of turnkey projects for the heavy clay industry.

Cleia is the result of the takeover by former executives and technical experts of the Burgundy-based heavy clay section of the former Ceric group, and benefits from 50 years of experience in thermal engineering, handling systems, robotics and industrial data processing. The company is mostly owned by the employees and its management, which results in a strong involvement of everyone in total commitment to customer satisfaction.

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