What Madreperla does

Madreperla S.p.A. is an Italian, family-owned manufacturer of cast acrylic (PMMA) sheets headquartered in Cinisello Balsamo, near Milan. Founded in the early 1950s by Orazio Annunziata initially to produce mother-of-pearl-effect sheets for the button industry, the company pivoted in the 1960s into cast acrylic sheets for advertising and signage, and now operates under the leadership of second-generation CEO Antonella Annunziata with third-generation family members Gaia and Eugenio Annunziata.

The company's product portfolio is anchored by two principal brands: Setacryl\u00ae, the standard cast acrylic line registered in the 1980s with variants for LED lighting, light diffusion, signage, and satin finishes; and Green Cast\u00ae, launched in 2011 as the first 100% recycled cast acrylic brand in the market. Green Cast\u00ae is enabled by a proprietary PMMA depolymerization plant developed in the 1990s that allows infinite recycling of cast acrylic back to MMA monomer without loss of optical, mechanical, or thermal properties. The line has expanded into multiple specialty effects (Metallic, Metallic IRO for outdoor UV resistance, Iridis, Galaxy, Irid\u00e9, Nacr\u00e9, Stone, Chroma) and includes a My Acrylic custom sheet service. Madreperla holds ISO 9001, ISO 14001, EPD, REACH, RoHS, and Carbon Neutral certifications, with on-site photovoltaic generation supplying approximately 15% of energy demand.

The company operates a B2B enterprise sales model through wholly-owned subsidiaries in Italy (HQ), France (Madreperla France S.A., Morangis, established in the 1970s), and the USA (greencastus.com). Revenue is generated from one-time sheet sales and bespoke custom development, with quote-based pricing and no public disclosure of unit economics. Customers span visual communication and signage, furniture and interior design, retail and store design, art and architecture, and fashion accessories \u2014 the named customer base is dominated by boutique design studios, specialty retailers, and independent designers. Marketing channels include major industry trade shows (Euroshop, Viscom Italia/Elementaria), LinkedIn, a multilingual corporate website, and sustainability documentation (EPD, Carbon Neutral reports) targeting specification-driven buyers.

Name

Madreperla

Legal name

Madreperla S.p.A.

Website

https://madreperlaspa.com

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

51–100 employees

Short description

Madreperla S.p.A. is an Italian, family-owned manufacturer of cast acrylic (PMMA) sheets, selling the Setacryl\u00ae standard line and the Green Cast\u00ae 100% recycled line \u2014 enabled by its own PMMA depolymerization plant \u2014 to B2B customers in visual communication, furniture, retail, and design across Europe and the USA.

Ownership category

akta.pro rank

Product category

Cast Acrylic Sheets Manufacturing

NAICS

Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing (326113)

SIC

Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Acrylics & Methacrylates (PMMA, Acrylic Resins) (IMAEANAG)

Keywords

• Cast acrylic sheets
• PMMA manufacturing
• Recycled acrylic materials
• Custom acrylic fabrication
• Plastic sheet production

Headquarters

HQ city

Cinisello Balsamo

HQ country

Italy

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Cast Acrylic Sheet Sales: Manufacturing and sale of cast acrylic sheets under Setacryl® and Green Cast® brands. Products include standard sheets, metallic finishes, specialty effects, and custom configurations sold to B2B customers in visual communication, retail, furniture, and design sectors.
2. Custom Product Development (My Acrylic): Bespoke color, finish, and product development services for special applications tailored to individual customer requirements, creating unique and exclusive acrylic solutions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Madreperla S.p.A. manufactures and sells cast acrylic (PMMA) sheets under the Setacryl® and Green Cast® brands, offering standard, specialty, and custom sheets with varied colors, finishes, and effects. Green Cast® is a 100% recycled cast acrylic line enabled by the company's own PMMA depolymerization plant. Products are sold B2B to visual communication, retail, furniture, design, and architecture sectors through direct sales offices in Italy, France, and the USA, supplemented by bespoke custom development through the My Acrylic service.

Product overview

Madreperla S.p.A. is a manufacturer of cast acrylic sheets with over 70 years of history, offering two main product lines: Setacryl® (standard cast acrylic sheets) and Green Cast® (100% recycled cast acrylic sheets launched in 2011). Setacryl® includes variants for LED lighting (Seta-LED®), light diffusion (Polarlite®), signage (Seta-Letter®), satin finishes (Satinglas®), and general applications. Green Cast® mirrors these variants while adding specialty collections including Metallic effects (Standard, UV-resistant IRO, and Stone finishes), iridescent effects (Iridis, Iridé), glitter effects (Galaxy in Flakes/Sparkle/Supersparkle variants), mother-of-pearl effects (Nacré), and matte metallic colors (Chroma). The company also offers custom sheet manufacturing through its My Acrylic service. All products are notable for PMMA's ability to be recycled infinitely without losing optical, mechanical, or thermal properties.

Differentiator

Problem solved

Functional benefit

Brands

• Setacryl: Main brand for standard cast acrylic sheets with various colors and finishes
• Green Cast
• Seta-LED
• Polarlite
• Seta-Letter
• Satinglas
• Setapan
• Setaparfum 1600
• Green Cast Galaxy
• Green Cast Iridis
• Green Cast Iridé
• Green Cast Nacré
• Green Cast Stone
• Green Cast Satinglas
• Green Cast Metallic
• Green Cast Metallic IRO
• Green Cast Chroma
• My Acrylic

Products and services

• Setacryl® Cast Acrylic Sheets Brand of cast acrylic sheets offering various colors and finishes for visual communication, signage, and design applications. Includes variants for LED lighting (Seta-LED®), light diffusion (Polarlite®), signage (Seta-Letter®), satin finishes (Satinglas®), and specialized uses (Setapan®, Setaparfum 1600).
• Green Cast® 100% Recycled Cast Acrylic Sheets Premium brand of 100% recycled cast acrylic sheets providing the same optical, mechanical, and thermal properties as virgin materials. Range includes Green Cast® Setacryl, Seta-LED, Polarlite, Satinglas, Setaparfum 1600, and specialty effects lines (Metallic, Metallic IRO with UV resistance, Iridis, Galaxy, Iridé, Nacré, Stone, Chroma). Carbon neutral certified since 2022.
• My Acrylic Custom Sheet Service Customized acrylic sheet service allowing customers to create bespoke colors, finishes, and products for special applications, with optional Green Cast® sustainable variant. Developed in collaboration with clients to reflect unique brand identity.

Quantifiable outcome

• Green Cast® is carbon neutral - greenhouse gas emissions offset by equal quantity of reduced emissions
• +3 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• ClemcoreStrategic or Co-development Partner · 15 June 2022Partner in production of decorative items, collaborated on World Oceans Day 30th anniversary project creating bioluminescent spheres for Marseille Underwater Museum using Green Cast® 100% recycled materials.
• AnthesisminorOthersSustainability consulting group and certified BCorp that prepared environmental impact evaluation document for IOC and UEFA, featuring Green Cast® as case study for sustainable materials.
• Waiting for IdeasminorStrategic or Co-development PartnerCreative studio using Setacryl® for Shinzo Paris retail project, paying tribute to Reebok Pump technology with 90s-inspired design featuring iconic acrylic colors.
• Maurizio MilaniminorStrategic or Co-development PartnerGraphic designer collaborated on TaccàSù System project with Madreperla, inspired by re-use concept of common designs, shapes, and materials using Green Cast®.
• Marco MaggioniminorStrategic or Co-development PartnerDesigner of X-SENS project for Elementaria 2022, creating abstract configuration of fluid forms inspired by marine biology and surrealist art using Green Cast® Metallic, Chroma and Stone colors.
• Mobilierform X.L.minorStrategic or Co-development PartnerFurniture design company using Green Cast® in world furniture applications, demonstrating material's suitability for eco-sustainable furniture and design vision.
• Jérémie BrugidouminorStrategic or Co-development PartnerArtist researcher who created temporary installation for Marseille Underwater Museum's 30th World Oceans Day anniversary using Green Cast® spheres with bioluminescent bacteria.

Scale indicators4 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Lucite International (Mitsubishi Chemical): One of the world's largest producers of cast PMMA acrylic sheet (Perspex, Lucite, Diakon, ShinkoLite brands). Directly comparable to Madreperla in product category (cast PMMA sheets) and end markets (signage, design, architecture), but at significantly greater global scale.
• Plaskolite: US-based North American leader in acrylic sheet manufacturing offering continuous-cast and cell-cast acrylic for signage, retail displays, and architectural applications. Comparable in product offering and end-market focus to Madreperla, with particular overlap in the US market Madreperla is targeting.
• Altuglas International (Arkema): Arkema's PMMA business producing cast acrylic sheets under Altuglas and Plexiglas brands for signage, construction, and design. Directly comparable in product (cast PMMA sheet), customer base, and sustainability positioning to Madreperla.
• Aristech Surfaces: Manufacturer of acrylic-based continuous cast and cell-cast sheets for architectural, signage, and design applications. Directly competes with Madreperla in the cast PMMA category with similar specialty-effect positioning.
• Röhm: Manufacturer of PMMA molding compounds and cast acrylic sheets sold under the Plexiglas brand — a direct competitor to Madreperla's Setacryl® and Green Cast® product lines across visual communication, retail, and lighting applications. Privately owned by Advent International since 2019.

Emerging players

• Spartech (Avient): Producer of specialty plastic sheet products including acrylic and engineered polymers, part of Avient Corporation. Partial overlap with Madreperla in custom plastic sheet solutions for design and retail applications.
• 3A Composites (Polycasa): Producer of plastic sheets including acrylic under the Polycasa brand for visual communication, architecture, and industrial applications. Comparable product portfolio to Madreperla's Setacryl® range with overlap in signage and display.

Regional players

• Asia Poly Industrial: Malaysian manufacturer of cast acrylic sheets primarily serving Asia-Pacific markets. Comparable product offering (cast PMMA sheets) but limited geographic overlap with Madreperla's Europe-centric distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/madreperla-s-p-a

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Madreperla