Siderforgerossi Acquires Grupo Euskal Forging

July 1, 2022

Siderforgerossi Group S.p.A., a portfolio company of KPS Capital Partners, completed the acquisition of Grupo Euskal Forging, S.L., a Spanish manufacturer of forgings and seamless rolled rings headquartered in Irura, Spain. The deal (terms undisclosed) expands Siderforgerossi’s large-diameter forgings capabilities and manufacturing footprint—particularly for the wind power, oil & gas, power transmission and mining end-markets; Euskal Forging operates three facilities and has ~170 employees.

Buyers
Siderforgerossi Group S.p.A., KPS Capital Partners, LP
Targets
Grupo Euskal Forging, S.L.
Sellers
Inversiones Nider Lekim, S.L.
Platforms
Siderforgerossi Group S.p.A.
Industry
Manufacturing
Location
Gipuzkoa, Spain
Transaction Type
Addon

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