FIMIGroup Acquires FRANCI Spa

FIMIGroup, a leading manufacturer of metal processing machinery, today announced the acquisition of FRANCI Spa, a leading Italian manufacturer in the field of design and construction of moulds and equipment for the automotive sector, production of mechanical components for industrial plants and hydroelectric power stations as well as special mechanical processing.

The acquisition, costing more than 7.5 million euros, has allowed the preservation of sixty workplaces, an industrial site of more than 10.000 covered sqm fully equipped with machine tools, directly facing the SS 36 state road which connects Lecco to Milan, offering the FIMIGroup a strategic asset able to guarantee the pursuit of its industrial growth path.