# ITLA and Bonaiti form joint venture ITLA Bonaiti

ITLA, controlled by CLN Group, and Giuseppe e F.lli Bonaiti signed a formal agreement to form a joint venture named ITLA Bonaiti, merging their Italian manufacturing activities in high-carbon steel re-rolling. ITLA will have a majority stake.

- Type: Partnership
- Announced: 2017-03-01
- Where: Oggiono, Mogliano Veneto, Palazzago, Italy, Italy
- Status: announced
- Products: cold rolled high-carbon and alloyed steel strips
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [CLN](https://endata.com/companies/15214.md) (investor)
- [ITLA](https://endata.com/companies/22540.md) (partner)
- [Giuseppe e F.lli Bonaiti S.p.A.](https://endata.com/companies/22541.md) (partner)

## Sources

- [gruppocln.com](https://www.gruppocln.com/en/news/itla-and-giuseppe-e-flli-bonaiti-sign-formal-agreement-form-joint-venture), 2017-03-01: "ITLA and Giuseppe e F.lli Bonaiti announce that a formal agreement has been signed for a new joint venture set up that will merge the activities of I.T.L.A. s.r.l. with the activities of Giuseppe e F.lli Bonaiti S.p.A."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.