With the financial support of SACE SIMEST, this established firm acquires SELMAT and bolsters its presence in Italy and globally. The new group will have sales of €300 million and more than 1,700 employees
The loan, granted by BBVA, supports the Brazilian group investment plan and aims at increasing business relationships with potential Italian exporters in the mining sector for new projects in Brazil and the rest of Latin America
Five million euros from SACE (CDP Group) and Gruppo Bancario Crédit Agricole Italia to invest in plant and machinery and bolster the foreign market positioning of Tectubi Raccordi, and consequently the Allied International Group
The Piacenza-based company, long a major world player, currently has five production facilities—three in Piacenza province, one in Alessandria province and one of subsidiary Gieminox in Vicenza province—for a total of 450 employees and a broad network of affiliated companies providing a presence in all the geographical markets of interest.