GIORGIO GIAMMINOLA & C. S.R.L. is founded in Como, Italy, specializing in the supply of spare parts, accessories, yarn, and textile machineries.
The company TESSILE ACCESSORIO COMO is acquired in Italy.
First steps of expansion are taken in Italy and Egypt through the creation of the companies GIMO S.R.L., CRT S.R.L., and AVIOCOMPOSITI S.R.L.
OMITA S.p.A., manufacturer of looms in Northern Italy, is acquired, taking advantage of the exclusive sale of spare parts worldwide.
The Group expands in Europe, Africa, Central and South America, establishing technical and commercial enterprises to ensure better support and local presence for its customers.
RIMATEX S.R.L., company specialized in the manufacturing of carbon products, is acquired.
In Argentina, the Group invests in two industrial realities: FILOTEX SRL (warping and supply of yarn) and ITALCOLORE SA (dyeing and finishing industry).
Centralization of operations
After 15 years of presence in Asia with a JV, the Group establishes Giamminola Shanghai Co., Ltd. specialized in product research and development, outsourcing of spare parts, accessories, machinery for the textile industry.
The first steps are taken to lay the foundations for a new structure transcending the family business and focusing on the future of the organization.
T.Q.C., the first center for fabrics quality control in China based on European standards, is opened.
ITG Energy is created with the focus on the development of energy saving solutions.
With strategic presence in Argentina, Brazil, Chile, Colombia, Hong Kong, Peru, Italy, Mexico and China, as well as an extensive network of distributors worldwide, the Giamminola GROUP transfers the management to a corporate executive.
Joining the past and the future
The Board of Directors’ aim is to strengthen high quality standards, personal attention, professionalism and efficiency of all its services. Presentation of the new brand and image to the market: ITG GROUP is born.
lTG AGENCIES is a division of lTG GROUP created to develop and manage the internationalization of emerging as well as historical companies. lTG AGENCIES provides its partners with marketing solutions, local sales coverage and market knowledge to successfully access unexploited markets..