# SMS group acquires OMAV and Hydromec to expand extrusion and forging portfolio

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.

- Type: Acquisition
- Announced: 2020-10-06
- Where: Brescia, Italy
- Status: completed
- Products: aluminum extrusion lines, forging presses
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [SMS group](https://endata.com/companies/2366.md) (acquirer)
- [OMAV](https://endata.com/companies/50371.md) (target)
- [Hydromec](https://endata.com/companies/50372.md) (target)

## Sources

- [sms-group.com](https://www.sms-group.com/en-eg/press-and-media/press-releases/press-release-detail/sms-group-extends-portfolio-in-extrusion-and-forging-technology), 2020-10-06: "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."

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