Our timeline and milestones
Italtile Founded by Giovanni Ravazzotti in Alberton
Italtile's first Cape Town store opens.
Italtile's first Durban store opens.
tile factory opens
monocotura tiles using
the clay dry-milling process.
Italtile moves into new
premises in Alberton.
Launch of the first cash-and-carry concept CTM store in Roodepoort.
The second store opens in Stikland, Cape Town.
from a consortium of banks.
Acquisition of NCI Ceramics.
Italtile listed on the Johannesburg Stock Exchange.
Italtile moves head office to Randburg.
Samca Wall tile factory opens.
The management information system is upgraded and all Italtile Centres are linked by computer.
Formation of Ceramic Industries (Pty) Ltd.
Ceramic Industries listed on the JSE.
Established CTM Franchising division.
The roll out of stores continues with the launch of the boutique store in Tokai.
The launch of the CTM Mastertile Club.
Italtile transfers its JSE listing from the building and construction sector to the retail sector.
CTM Roodepoort becomes the first store to turn over
The entire organisation participates for its first full year in the staff profit share scheme.
Acquisition of Vitro Tile Factory..
CTM Pretoria becomes the first store to achieve a turnover of
CTM begins its successful TV advertising campaign with Bob and Nige.
Italtile moves head office to its current location in Bryanston.
Commencement of trading in Australia.
Introduction of high-pressure casting at Betta.
SAP is introduced to CTM Strijdom Park.
Closure of NCI Tiles – production moves to Vitro factory.
system-wide turnover reached.
Opening of Pegasus factory.
Introduction of CTM joint-venture ("JV") model.
Italtile displays its passion for tiles with the 1,1 m x 2,2 m replica of Botticelli's Primavera which was made using kaolin clay and fired as a single tile in a roller kiln.
Acquisition of controlling interest in International Tap Distributors (Pty) Ltd.
Acquisition of controlling interest in Early Works (Pty) Ltd.
Centaurus factory opens.
Formation of Penates Logistics (Pty) Ltd.
Acquisition of Sphinx.
Ceramic Industries and support centre moves to the Clay Quarry.
Penates builds the International Tap Distributors ("ITD") robotic warehouse, showrooms and the Forum Auditorium.
Expansion of Pegasus and Centaurus to double production volumes.
Expansion of Betta.
Aquarius factory opens.
Italtile launches the TopT brand.
Italtile acquires a minority stake in Ezee Tile.
Penates builds the Tiling Training Academy in Boksburg.
Italtile Commercial division is established.
Cedar Point Trading is formed.
Italtile appoints an Environment Officer to work with the Properties division to reduce the Group's carbon footprint.
Italtile acquires 20% of Ceramic Industries.
Ceramic is delisted from the JSE.
CTM's internet shopping facility is upgraded to a fully functional operating online trading store.
Retail stores in Australia are sold to management.
Italtile introduces the equity-settled staff share scheme.
System-wide turnover reaches the R5 billion milestone.
The store properties in Australia are sold.
New-generation stores for Italtile and CTM open.
Gryphon tile factory opens.
Italtile Foundation Trust established.
Establishment of Italtile and Ceramic Foundation Trust.
Acquisition of a controlling stake in Ceramic Industries and Ezee Tile.
Acquisition of a 25,1% stake in
profit share earned by staff.
floor tile factory
Ezee Tile commissions
flagship plant in
Italtile introduces new staff share scheme.