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Giovanni Crespi SpA
Viale Pasubio, 38
Phone: +39 0331446111p:+39 0331446111 LEGNANO, 20025  Italy Ticker: CRECRE
Filed for Bankruptcy on 4/29/2013
On 4/29/2013, the Company announced that the Shareholders' Meeting of the Company has decided to put the Company into liquidation and has appointed a panel of liquidators made up of Filippo Colombetti as Chair and Michele Almasio.
Business Summary
Giovanni Crespi SpA is an Italy-based industrial company primarily engaged in the textile industry and in the production of polyurethane foam. It organizes its activities into four divisions: Polyurethane Foam, TNT, Synthetic Materials and AIP. In the Polyurethane Foam division, it is active in the production of polyurethanes. In the TNT division, it is involved in the manufacture of nonwoven fabrics, which are used in the production of shoes, medical uniforms, personal care and automotive products, among others. In the Synthetic Materials division, the Company is engaged in the provision of synthetic materials for various sectors, such as apparel, furniture, automotive and medical sector. In the AIP division, it is active in industrial activities in Poland, which includes mainly the manufacture of textiles for automotive industry. In July 2014, it sold its stakes in Nuova Mabel Srl and Orsa Srl. In September 2014, it filed for bankruptcy.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/201412/31/2013Yes----

Industries
SIC Code Description
2281 Yarn spinning mills
3086 Plastics foam products
2297 Nonwoven fabrics
2396 Automotive trimmings, apparel findings, and related products

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Liquidator MicheleAlmasio 64 4/29/2013 1/1/1992
Chairman of the Liquidators Board FilippoColombetti 4/29/2013 4/29/2013

Business Names
Business Name
CRE
Giovanni Crespi S.p.A.
Giovanni Crespi SpA

General Information
Number of Employees: 1,016 (As of 12/31/2013)
Outstanding Shares: 160,000,000 (As of 3/31/2014)
Shareholders: 775,640,129
Stock Exchange: BIT
Fax Number: +39 0331597078


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Tuesday, August 29, 2023