23/09/2020  h. 15:45   
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Mergers: Commission clears acquisition of Forgital by Carlyle

29/08/2019 | Economy | 

Press release European Commission

The European Commission has approved, under theEU Merger Regulation, the acquisition of Forgital Italy S.p.A. of Italy by The Carlyle Group of the US.

Forgitalis active in the forging, laminating and machining of rolled rings in the aerospace sector and the supply of components in oil and gas, transmission, power generation and general mechanics.

Carlyleis a global investment firm that manages funds present in different business segments, including the manufacture of machined parts for aircraft engines.

The Commission concluded that the transaction would raise no competition concerns because the overlaps between the activities of the companies are very limited. The transaction was examined under the simplified merger review procedure.

More information is available on the Commission'scompetitionwebsite, in the publiccase registerunder the case numberM.9427.

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