Danieli acquires FATA, a diversified group in industrial plant engineering and construction

Danieli, one of the three largest suppliers of equipment and plants to the metal industry in the world, announced that it has acquired FATA, a referenced player in the field of industrial plant engineering and construction.

FATA, established in 1936 with headquarters in Pianezza (TO), employs a workforce of approximately 200 employees and has a yearly turnover of about Euro 150 mio. It operates worldwide as a referenced player in the field of industrial plant engineering and construction with its subsidiaries in the USA (Fata Hunter), India (FATA Engineering), China (Fata Shanghai) and the UAE (Fata Gulf).

FATA is divided into two main businesses:

• FATA EPC - based on 50 years of experienced activity in the field of turnkey plant engineering, procurement and construction, with a first-class track record in the aluminium
• FATA HUNTER - with distinctive capabilities in the aluminium, and other metal processing industries

The acquisition of Fata EPC marks a milestone in Danieli’s project execution capability, and following the integration of the resources of Fata EPC and Danieli Construction International, which will add competitiveness to both business units, the company will remain independent and be free to operate in the most profitable markets.

The acquisition of Fata Hunter will further broaden Danieli Centro Aluminium’s product range thanks to its years-long experience in continuous roll casters, foil mills, colour coating lines and complete aluminium plants (for food and pharmaceutical packaging) including EPC experience in smelter projects. These are strategic references which could boost DANIELI’s sound experience in the non-ferrous sector.

The recent Partnership Agreement entered into between DANIELI and Alcoa for the worldwide marketing of the Micromill TM Technology will put Danieli Centro Aluminium on the cutting edge of technology in the Aluminium Market. The compact layout and the extreme applications of the material produced (including but not limited to automotive applications) will benefit Danieli's end customers in the long term by providing them with products with unique technology.