Ethica Global Investments announces that its subsidiary DOM, active in the production of blades for gas and steam turbines, has finalized the acquisition of the entire capital of C Blade – one of the main industrial companies in the world active in the forging and mechanical machining of turbine blades – from the American holding SIFCO Industries.
Thanks to the acquisition of C Blade, DOM can further consolidate its role as a key supplier for the main OEMs and service providers active in the power generation sector, creating an industrial group with revenues of approximately €40 million, characterized by strong complementarity in terms of processes, products, technologies and customers and characterized by significant room for growth due to the expected trends of the reference market and possible developments in similar sectors.