Mapei S.p.A. (Italian pronunciation: ) is an Italian limited company founded in 1937 in Milan that manufactures chemical products for the building industry. The firm is controlled by Emme Esse Vi s.r.l., the holding company owned by the Squinzi family which has 93.95% of the shares; Mapei itself holds the remaining 6.05%. At the beginning of the 1990s, Mapei employed 500 staff. That number had risen to 4679 by 2006, including 906 employed by the holding company (that same year the Mapei Group had consolidated invested capital of approximately €953.9 million and a net worth of approximately €387.6 million, consolidated revenue of €1.18 billion and net consolidated profits of approximately €59.4 million). In 2012 Mapei was the third biggest Italian chemical industry after Versalis and the Mossi & Ghisolfi Group. It now employed 7,500 staff at over 58 factories in 28 countries. In 2017 that figure had risen to almost 10,000. Its consolidated revenue in 2018 was €2.4 billion and it now employed over 10,000 staff worldwide. More information...
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