# Strix Group given green light for acquisition of LAICA S.p.A

- Link: https://www.directorstalkinterviews.com/strix-group-given-green-light-for-acquisition-of-laica-s-p-a/412863700
- Published: 2020-10-14T07:07:51+01:00
- Author: Giles Arbor

[Strix Group Plc](https://www.directorstalkinterviews.com/company/strix-group-plc/ketl.l)(
LON:KETL), the AIM quoted global leader in the design, manufacture and supply of
kettle safety controls and other complementary water temperature management components,
has stated that it has received approval from the Council of Ministers in Italy 
to proceed with the acquisition of LAICA S.p.A. Accordingly the acquisition is expected
to complete in approximately one week.

Isle of Man based Strix Group, is a global leader in the design, manufacture and
supply of kettle safety controls and other components and devices involving water
heating and temperature control, steam management and water filtration.

The company’s core product range comprises a variety of safety controls for small
domestic appliances, primarily kettles. Kettle safety controls require precision
engineering and intricate knowledge of material properties in order to repeatedly
function correctly. Strix has built up market leading capability and know-how in
this field since being founded in 1982.

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