Germany’s SMS group acquired Italian companies Hydromec S.R.L. and OMAV S.p.A. to further expand its product range in the forging-press and extrusion-plant markets. Hydromec manufactures forging presses and ring-rolling mills, and OMAV supplies aluminum extrusion lines. With its extended product portfolio, SMS group is now able to supply complete extrusion lines and forging plants with all upstream and downstream equipment and process technology from a single source.
The two new SMS group companies, located in Brescia, will continue to operate on the market under their own names as subsidiaries of SMS.