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09/07/2014 - ORANGE1 ANNOUNCES THE ACQUISITION OF METALPRES

ORANGE1 announces today that it has entered into a definitive agreement to acquire the operating assets of the Company Metalpres located in  Castelgomberto (VI) - Italy (http://www.metalpres.com/).

The success of this action is mainly due to the credibility of the industrial project developed by O1. The plan will create the conditions to extend the range of products and to improve the manufacturing process at Metalpres.
O1 has assigned 14 million Euro to finance this relevant acquisition and to plan a real relaunch of the Company over the medium terms.

This acquisition will improve the technical and economical know how of one of the most important component of O1’s actual products range. Metalpres with 40 million turn over, 2 manufacturing plants and over 350 employees is a success case history. O1 aims to become leader in the aluminum components casting with high technology standards.

With an annual turn over of 130 million Euro, 7 production plants and 950 employees O1 consolidated its leadership position in the electro mechanical market.

 
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ORANGE1 is one of the leading manufacturer of inductive motors in Europe. The Company offers a large range of motors made in over 40 years of experience and tradition.
We use to say that basically "We Make Solutions"...
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