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SMS group acquired Italian companies OMAV S.p.A. (aluminum extrusion lines) and Hydromec S.R.L. (press manufacturer) to extend its product portfolio in extrusion and forging technology. OMAV became a wholly owned subsidiary at the end of September 2020; Hydromec was acquired immediately after.
“With the acquisition of Italian companies OMAV S.p.A. and Hydromec S.R.L., SMS group is further expanding its product range in the extrusion plant and forging press sectors.”sms-group.com
Summarized from public sources; check the original articles before acting on it.