Transaction details

Ethica Debt Advisory advised Umbra Group in structuring a financing provided by the European Investment Bank and brokered by Banca Friuladria.

Ethica Debt Advisory advised Umbra Group, a player in the precision mechanics sector, in structuring a financing provided by the European Investment Bank and brokered by Banca Friuladria.

Umbra Group S.p.A. is a world leader in the production of recirculating ball screws for the most important aeronautical industries. Its client portfolio includes major companies such as Boeing, Airbus, Bombardier and Embraer, Schaeffler, Mazac and Mori Seiki, all the global players in the aeronautics and industrial sectors, to whom the company supplies components of primary importance for flight safety as well as integrated systems and high-tech components for machine tools.

The Umbra Group includes 4 companies: Umbra Cuscinetti Spa, the Italian parent company where most of the 1.000 employees work, and 3 subsidiaries: Kuhn in Stuttgart (Germany), PKE in Eltmann (Germany), Umbra Cuscinetti Inc. in Seattle (United States).