Tenax S.p.A. and NEST join forces to offer a complete range of calibration and polishing solutions 

In pursuit of strategic development and expansion, in December 2023 Tenax S.p.A. acquired NEST, a company specializing in the production of diamond tools for calibrating, smoothing and polishing. 

This new operation places a strong emphasis on ensuring the seamless continuity of the management and teams, with Alessandro Nicolai first and foremost remaining at the helm as CEO. The operation will allow Tenax and NEST in particular to expand their current range of tool offerings and strengthen the positioning of the group thanks to the strategic complementarity services offered in the form of R&D, production capacity and market presence. 

These assets, combined with a deep knowledge of the industry and unwavering commitment to innovation, unite the two enterprises in the shared goal of excelling in a market that requests increasingly exacting standards. 

Alessandro Nicolai, CEO of NEST, said: “The Nicolai family believes wholeheartedly in this initiative, demonstrated by our significant reinvestment in Tenax. This strategic alliance with Tenax will allow NEST to take a major step forward and adapt to the current dynamics of the global market, thus becoming even more complete and competitive. 

Alessandro Ferrari, CEO of Tenax, said: “The NEST acquisition is part of a multi-year, global investment plan by Tenax aimed at creating an Italian centre of excellence for products and services for the stone processing and surface treatment sector. The ambitious project includes the recent acquisition of the Verona-based company TPM, manufacturer of tools for stone polishing, and the increase in our stakeholding in the American Joint-Venture Weha USA to 100%.”