Carlyle Group acquires Forgital Group

The Carlyle Group signed a binding agreement to acquire 100% of Forgital Group, an Italian manufacturer of large forged rings and components for aerospace and other sectors, from the founding family and Fondo Italiano d’Investimento. The enterprise value is estimated between EUR 500 million and 1.5 billion.

“The Carlyle Group signed a binding agreement to acquire 100% of Forgital from the family (83%) and Fondo Italiano d’Investimento (17%).”mynthcapital.com

• 3 sources
• mynthcapital.comFORGITAL GROUP acquired by THE CARLYLE GROUP - EV/EBITDAmynth contributorMay 1, 2019
• carlyle.comThe Carlyle Group to Acquire Forgital, an Italian Specialist Manufacturer for the Aerospace Industry | CarlyleMay 30, 2019
• bebeez.euCarlyle finally to buy Forgital in a 950 mln euros deal. NB Aurora will cash-in 50 mln euros – BeBeez InternationalBebeezMay 31, 2019

Summarized from public sources; check the original articles before acting on it.