LPM Group lands in Mexico by acquiring Fata Aluminium Foundry Plant in Saltillo

The LPM Group is a specialized in design and construction of machines and equipment for aluminium and magnesium low pressure and gravity die casting, with its presence in China, Germany and the United States, continues its overseas journey and this time lands in Mexico.

The company with its headquarters in Bovolenta, Italy, has acquired 100% stake of the American company Fata Aluminum, which in turn fully controls the Fata Aluminum Foundry, with a plant in Saltillo, capital of the State of Coahuila.

The LPM Group produces machines and plants for the casting of aluminium and magnesium alloys and boasts partnerships with some of the top and biggest international players in the automotive market.

The company was assisted in the acquisition by the lawyer Alessandro Polettini of Legalitax and by Dr Giorgio Camboni, the counterpart of the Dean & Fulkerson firm. Innovative technologies in the metallurgical field are developed at the headquarters in Bovolenta.

Giancarlo Zoccoletti, CEO, LPM Group said: “The operation allows the company to continue growing. The operation will be able to supply, in addition to the well-known aluminium casting plants, also plants for the de-blocking and regeneration of the sand. The company was founded in 1988 from the synergistic union of several companies operating in the aluminium foundry sector and today, thanks to continuous development, it is the absolute leader in the market.”

Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020”on October 6-7, 2020. For registration, visit www.alcircleevents.com