Faber

Overview

Faber, a renowned company within its industry, specializes in the manufacturing and distribution of range hoods and ventilation systems for kitchens. Established in Fabriano, Italy, in 1955, Faber has grown from a modest local enterprise to an influential global player. Over the years, the company has raised substantial capital and expanded its production and marketing reach across multiple continents, operating plants in countries such as Italy, Sweden, France, Turkey, India, and Argentina (source). Faber is part of the Franke Group, having joined the Swiss multinational company in 2005 (source).

Recent Developments

2024: Faber celebrates significant milestones, marking 25 years of operations in India. The company introduced a new auto-clean chimney featuring 3D T2S2 technology, and showcased advancements in dishwasher technologies, reflecting its commitment to enhancing household appliances through innovative solutions (source).
2023: The partnership between Faber and Técnico Lisboa launched an entrepreneurial program focused on fostering innovation and entrepreneurship among MSc and PhD students (source).
2023: Faber expanded its global presence by opening a strategic subsidiary in Portugal for Subdron, enabling collaborations with local R&D centers and the maritime industry (source).
2022: Continues its internationalization with acquisitions, enhancing its market position in the audiovisual space by acquiring Univate Bv (source).

Attribute	Information
Founding Date	1955
Headquarters	Fabriano, Italy
Founders	N/A
Revenue	€220 million
Profits	N/A
Key Investors	Franke Group
Industry	Kitchen Systems
Number of Employees	N/A

Early History

Faber was founded in 1955 by a team of visionaries in Fabriano, Italy. The company started with a focus on producing innovative kitchen range hoods that catered to growing household needs in Europe. By the 1960s, Faber had established itself as a significant presence in the European market. The introduction of the first extraction hood in 1963 marked a pivotal moment in its history, setting the foundation for the company’s expansion into international markets (source).

Company Profile and Achievements

Faber has cemented its reputation as a leader in the kitchen systems industry through persistent innovation and strategic expansion.

Innovation: Faber pioneered the development of range hoods with features such as the first decorative canopy hood (1966) and glass visor hoods, enhancing both aesthetics and functionality (source).
Global Expansion: Over the decades, Faber expanded its manufacturing footprint globally, establishing plants in countries across three continents. This strategic expansion allowed the company to dominate the European market and tap into emerging markets in Asia and South America (source).
Acquisition and Growth: In 2005, Faber merged into the Franke Group, providing it with the resources to scale operations and explore new market opportunities. This move reinforced Faber’s capacity to innovate and bolster its product offerings (source).

Current Operations and Market Position

Faber operates as a leading manufacturer and distributor of high-quality kitchen range hoods and ventilation systems.

Market Presence: The company holds a dominant position in Italy, where every second range hood sold is a Faber hood. Its market influence extends globally through a combination of Faber’s own branding and local brands it acquires (source).
Competitive Edge: Faber’s leadership in design and technology, particularly in ventilation systems, underpins its competitive advantage. Faber continues to leverage its robust manufacturing capabilities and brand recognition to maintain market dominance (source).

Conclusion

The significance of Faber in the kitchen systems industry is evident in its pioneering innovations and market penetration strategies that have set a high benchmark for competitors. Through continuous expansion, strategic acquisitions, and a commitment to innovation, Faber is poised to sustain its growth trajectory and expand its influence in both established and emerging markets. As Faber enters new territories and evolves with industry trends, its innovative prowess and adaptability will be crucial in steering its future successes.