Businesses Owned By Giovanni Ravazzotti
Businesses Owned By Giovanni Ravazzotti. Giovanni Ravazzotti is chairman of Italtile of South Africa, the ceramics company he founded after moving to Johannesburg from Italy. In 1969, Ravazzotti saw the need for affordable tiles and ceramic products in an increasingly urban South Africa. He began importing and retailing them through Italtile. According to Entrepreneur Mag Ravazzotti has an estimated net worth of R4. 7 Billion. Below are some of the businesses owned by Giovanni Ravazzotti.
Italtile Limited
Italtile Limited is a leading franchisor retailer and manufacturer of tiles, bathroomware and related products. The Group operates as a national franchisor of its retail brands. Founded in 1969, this brand is widely acknowledged as a style icon in the premium home-improvement market. As a leading fashion retailer of exclusive international and local ranges of tiles, bathware and related products, Italtile Retail offers a luxurious shopping experience for both residential and commercial clients.
CTM
CTM is a division of the Italtile Limited Group, and is the country’s biggest specialist tile and bathroom retailer. CTM commenced trading in 1983 and began franchising its outlets in 1991. The brand is currently represented by 87 stores in South Africa, the SADEC region, Kenya, Uganda and Australia. In 1983 CTM pioneered a new concept in tile retailing, bringing exceptional levels of style and design within easy reach of everyday South African consumers. In 1995, it expanded to include baths, basins, toilets, showers, cabinets, taps, related-tools, adhesives, and tile care products. What started as an innovative way to sell tiles, has turned into South Africa’s most popular, one-stop home style shop.
Ceramic Industries Group
Since its founding in 1976, the Ceramic Industries Group has grown to become a leader in the design and manufacture of ceramic tiles and bathroomware. The Group comprises five tile factories, one bathroomware factory and one acrylic bath factory, all based in South Africa, and a tile factory in Australia. In its Samca Floor, Samca Wall, Vitro, Pegasus, Gryphon and Centaurus tile factories, it is able to manufacture a combination of pressed and extruded tiles in various sizes, textures and finishes.
