Geico spa

Infobox_Company
company_name = Geico
company_
company_type = joint-stock company
company_slogan = Rispetto per il passato Amore per il presente e grandissima fiducia per il futuro
foundation = 1963
location_city = Cinisello Balsamo
location_country = Via Cornaggia 58,20093 Italy flagicon|Italy
industry = Painting Automotive
homepage = [http://www.Geico-spa.com/ www.Geico-spa.com]

Geico"is a joint-stock company, born in Cinisello Balsamo - next to Milan- which has always played a leading role in supplying automotive manufacturers with complete automated paint plants for automobiles, commercial vehicles, agricultural and earth moving machines, and light vehicles.Geico operates on the international market and has realized paint plants all over the world for the most important automotive manufacturers such as Fiat-Iveco and Renault in Brasil, Audi at Ingolstadt - Germany, Sevel Sud in Italy and recently General Motors in India.

History

Geico was established in 1963 under the name of "Neri & Mandelli SpA". In 1965, 70% of the firm was bought by the "Drysys" group and the name changed to "Drysys Equipment Italiana spa". In 1976, the Neri family bought 51% of the Company’s shares, turning the corporate name into Geico SpA.In the following years, Geico became the absolute leader on the Italian market in the field of automotive paint plants, and joined the narrow élite of tier-one suppliers for the leading car manufacturers at international level.In 1997 Geico joined the Comau Group, one of the most important companies of the Fiat Group.Since 2005, Geico decided to become an autonomous and independent company again and thus separated from the Comau Group.The most recent operation dates back to July 2006 when Geico becomes the exclusive owner of the patents and trademarks of " Haden Drysys", the painting leader worldwide for nearly a century.