The integration of Morel continues successfully, in full compliance with ESG principles

Industrie Chimiche Forestali S.p.A. announces that the integration process of Morel, whose acquisition was completed on July 1, 2021, has been successfully finalised.

This operation, in addition to expanding the product offering with know-how focused on the luxury footwear sector, enables significant commercial synergies and cross-selling activities thanks to the complementarity of the products. The integration process was carried out while preserving the skills and human resources already present within the acquired company, as well as by expanding the scope of corporate certifications. Industrie Chimiche Forestali has in fact integrated all Morel staff, consisting of 15 employees, who now join the Group’s 125 employees.

The Forestali Group’s social commitment is evident not only in its focus on the integration and development of human resources, but also in its determination to revitalise a company with almost 100 years of history, keeping the production and design centre in Italy within the ICF perimeter.