Investor Relations


Company Profile

Industrie Chimiche Forestali S.p.A. is a prominent operator in the design, manufacture and trading of adhesives and high-tech fabrics primarily in the following markets: footwear & leather goods, automotive accessories and packaging.

In all of the sectors indicated above the Company operates at both the national and international level, also through its subsidiary Forestali de Mexico S.A., operating mainly in the Mexican market.

The ICF Group (Industrie Chimiche Forestali S.p.A. and Forestali de Mexico S.A.) has about 129 employees(as of December 31, 2019) and carries out its own production exclusively at the plant in Marcallo con Casone (MI).

In 2019 the ICF Group produced and marketed over 22,000 tonnes of adhesives and over 5 million metres of high-tech fabrics.

The turnover achieved by the ICF Group as at 31 December 2019 amounted to €71,664,327. 30% is made in Italy, the remaining 70% distributed in various Countries outside the national boundaries.

In 2021 the ICF Group acquires Morel, a historic company in Milan that designs and manufactures technical fabrics for footwear and leather goods.

Industrie Chimiche Forestali S.p.A. operates with just one company name, producing and marketing its products under four separate brands.