Sideralba acquires 51% of Sidergalbiati Spa. The operation, carried out through the purchase of shares and a capital increase (valued at 1.5 million), aims to inject new finance into the plants in Sirone (Lc), Montichiari (Bs) and Gorla Minore (Va). Luigi Rapullino assumes the position of chairman, Marco Galbiati that of CEO.
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Sideralba, a steel pipe manufacturer and an international reference player in the steel processing sector, has completed the acquisition of the controlling stake of 51% of Sidergalbiati Spa, the NewCo born from the transfer of the historic activities of Galbiati Spa and Metalnastro Srl that took place in June.
Sidergalbiati is an industrial reality rooted in the Lombardy region, active in the production of steel strips and sheets. With over 60 employees and a production capacity of 100,000 tons, the company operates through three plants. It achieved a turnover of 80 million.
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Sideralba’s entry into the corporate structure takes place through a mixed structure that combines the purchase of shares and a simultaneous capital increase. This formula was designed to significantly strengthen the company’s net assets and inject fresh finance, ensuring the necessary resources to support growth and consolidation plans in the market. Sideralba has 600 employees and a turnover of 300 million.
The board of directors has been renewed: on behalf of Sideralba, Luigi Rapullino, who assumes the position of chairman, Daniele Palombi as delegated director, and Tommaso Rapullino will sit on the Board. While representing the Galbiati family, Marco Galbiati, with the role of CEO, together with Fabio Galbiati and Davide Galbiati, will sit. Sergio Galbiati, co-founder of the company, will hold the honorary chairman position, a testament to the deep historical and industrial bond with the territory.
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