Explore #10 of the ‘128mb SD Card Tour’
On the final morning of our trip we managed to squeeze a couple of quick explores in before heading to the airport. The first was this abandoned villa with a unique and beautiful outbuilding…
This villa was owned by the Pesenti family, which in 1864 founded what later became the sector-leading Italcementi producer of cement and other construction aggregates.
By the 1920s the company had grown to a 12-plant and 1500-employee group producing 200+ tons of cement annually. Stock market flotation followed, and a phase of rapid acquisitions of other global manufacturers during the 1990s made it the largest cement producer in the world at that time.
However, global competition within the sector remained fierce, and by 2015 Italcementi was the fifth largest global producer. Construction group Heidelberg Cement (the world’s fourth largest cement producer) agreed to buy a 45% stake in the company for $1.85 billion from the Pesenti family through the family’s holding group, Italmobiliare, thus creating the world’s second largest cement producer. As part of the deal the Pesenti family received a 5% stake in the newly formed group. The acquisition led to 400 lay-offs of Italcementi employees in Italy. The villa appears to have been abandoned some point around or prior to such corporate restructuring and local closures.
This was a very enjoyable and relaxed explore, with some great variety in the textures and colours of the villa itself and the stunning orangery/summerhouse in its grounds.
As always, click on any photo to launch slideshow viewer
Subject to availability this photograph “Green Mystery” is available as a stunning 100x70cm limited edition acrylic print from my Store.
Grazie per aver guardato.