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- Oktober : Teilnehme an der AWT in Wiessbaden (D) Stand Ascometal
- Oktober : Symposium zum Thema Energie, in Houston (USA)
- November : Teilnehme an der Konferenz ASTM (USA)
3 Vorträge und Publikationen : - Simulated measures to estimate the standard EN 10247 with regard to the other standard methods - Fiber flow orientation and rolling contact fatigue life : simulation and testing - Influence of manufacturing process on bearing fatigue life : the role of reduction ratio
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- A3TS 2010 : 38. Kongress der Wärmebehandlung und Oberflächentechnik von 16 bis 18 Juni Konferenz Ascometal, Donnerstag, 17 Juni "mikrolegierte Stähle für Schmiedestücke" : T. Sourmail, G. Baudry, C. Maillard Salin
- Besuchen Sie den Industriestandort, Freitag, 18 Juni "Vorbereitung und Wärmebehandlung von Edelstählen für Automobil-und mechanische"
- Oktober : Teilnehme in AWT Wiesbaden (D), vom 13. bis 15. Oktober : stand Ascometal
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- COMPLETION OF THE SALE OF ASCOMETAL
The sale of 100% of the share capital of Ascometal S.A.S., by an affiliate of Lucchini S.p.A to Captain BidCo SAS, was completed on October 31, 2011. Captain Bidco S.A.S is a French company indirectly owned by funds affiliated with Apollo Global Management, LLC (NYSE: APO; together with its affiliates, “Apollo”).
About Apollo Global Management Apollo is a leading global alternative asset manager with offices in New York, Los Angeles, London, Frankfurt, Luxembourg, Singapore, Mumbai and Hong Kong. Apollo has assets under management in private equity, credit-oriented capital markets and real estate funds invested across a core group of nine industries where Apollo has considerable knowledge and resources.
For more information about Apollo, please visit www.agm.com.
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- LUCCHINI SELLS 100% OF ASCOMETAL TO APOLLO
Piombino, July 15, 2011 - Lucchini S.p.A. (“Lucchini” or the “Company”) today announced that it has reached an agreement to sell 100% of the share capital of Ascometal S.A. to Captain BidCo SAS, a French company owned by funds affiliated with Apollo Global Management, LLC (NYSE: APO; together with its affiliates, “Apollo”).
Lucchini intends to use the proceeds from the sale to reduce indebtedness as part of a refinancing of the Company’s bank facilities and for general corporate purposes.
Gareth Turner, Senior Partner of Apollo Management said, "We are delighted to have reached agreement to acquire Ascometal which is a premier company in the specialty metals industry and a true franchise business. Our investment in Ascometal is consistent with our approach of investing in sectors in which we have considerable knowledge and experience and in companies in which we believe we can add significant value. We are looking forward to working with management to continue to strengthen and build the company in the future".
Marcello Calcagni, Lucchini Group CEO, said, "We are very pleased with the agreement reached with Apollo which will ensure the ability to strengthen and develop Ascometal and will also enable Lucchini to reduce its debt and have the cash needed to start immediately the search for an industrial partnership for the Italian operations of the Group".
Terms of the transaction were not disclosed. The transaction is contingent upon certain regulatory approvals and is expected to be completed during the fourth quarter of 2011.
Deutsche Bank AG acted as financial advisor to Lucchini in relation to this transaction. BofA Merrill Lynch and Morgan Stanley provided financing and acted as financial advisors, DC Advisory acted as financial advisor and Wachtell Lipton and Clifford Chance acted as legal advisors to Apollo in relation to this transaction.
About Apollo Global Management
Apollo is a leading global alternative asset manager with offices in New York, Los Angeles, London, Frankfurt, Luxembourg, Singapore, Mumbai and Hong Kong. Apollo had assets under management of $70 billion as of March 31, 2011, in private equity, credit-oriented capital markets and real estate funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. For more information about Apollo, please visit www.agm.com.
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2 Auszeichnungen für Ascometal
- Award durch ASTM *, für die Beteiligung der Ascometal in das Verständnis der Mechanismen der Ausdauer (Leben) Wälzlagerstähle
* ASTM: American Society for Testing and Materials
- Die Sogefi Award : Best Innovation 2010 mit der ASCOFLEXR 2100
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