LCA Law Firm, with a team composed by Vittorio Turinetti di Priero and Riccardo Massimilla, assisted Forgital Italy S.p.A. in the capital increase for a total amount of 20 million euro, aimed at sustaining the ambitious development programs of Forgital Group. Following the capital increase, several companies referring to the Spezzapria Family hold 83% of the company’s share capital, while the Italian Fund of Investment SGR holds the residual 17%.
Forgital Group represents one of the global leaders in the production and mechanical engineering of hot-laminated rings and disks (without weldings) in steel and other alloys, and is characterized for being one of the few international players that present a production process highly integrated and capillary.
The Group is placed in the most advanced segment of the technological frontier of the sector, for the deep know-how developed thanks both to the long experience of the management and to great and continuous investments in research and development.
During the last years, the Group started a strategic diversification process of its activities, entering the production market of forged rings for the Aerospace sector.