Ica Group in North America

Ica, a company from Civitanova Marche belonging to the Paniccia family, specialized in innovation of wood and glass paints worldwide, continues to expand abroad: Ica North America is born. The operation was possible thanks to the acquisition of the historic distributor for the North American market located in Canada. With North America, the direct presence in the world’s most important paint markets is completed.
For this group it is the sixth company opened abroad in ten years, an important internationalization process started in 2009 with Ica Iberia. The company is present with owned companies in Spain, Germany, China, Poland, India and now Canada.
Ica recently opened a production plant in India, in Gujarat, born from the joint venture with Pidilite.
The Canadian market will initially also manage the US market with a team of technicians/sales staff and distributors present on site, until a new company is established in the Usa. The entire distribution network of the group is present in 50 countries covering the major world states.
The group currently employs 600 people, plus another 200 at the plant in India. In 2018 it produced 28 million pounds of paints, and the turnover was 122 million euros, half of which was sold abroad. There are around 15,000 customers worldwide. An investment plan of 29 million euros is planned for the three-year period 2019-2021.