IGI Private Equity has acquired C Blade S.p.A. Forging & Manufacturing for an undisclosed amount. This transaction sees the private equity firm take ownership of the Italian specialist in forged blades for thermal steam and gas turbines, a key supplier to the power generation market. The acquisition marks a significant move for IGI Private Equity into the specialized industrial manufacturing sector.
C Blade S.p.A., established in 1963, is renowned for its expertise in producing a wide range of forged and machined turbine components. The company manufactures parts from envelope forged to ready-to-fit, including machined forgings up to 1,500mm in length and 180kg in initial weight. Operating from Maniago, Italy, C Blade utilizes advanced equipment such as drop-forging hammers and high-speed CNC milling workstations. Its products, made from stainless-steel, titanium, and nickel alloys, are sold worldwide, serving critical applications in power generation. The company reports an annual turnover exceeding 25 million euros and employs 150 people.
The acquisition by IGI Private Equity is strategically aimed at investing in a well-established and technologically advanced manufacturer with a strong global footprint. C Blade's long-standing history, specialized production capabilities, and certifications like AS9100D underscore its robust market position. IGI Private Equity's involvement is expected to provide strategic support and capital to further enhance C Blade's operational efficiencies, expand its market reach, and capitalize on its expertise in high-precision forging for the energy sector.
Looking ahead, the combined entity is poised to strengthen its leadership in the manufacturing of critical turbine components. This acquisition is anticipated to support C Blade's continued innovation and growth, ensuring its position as a vital supplier to the global power generation industry through enhanced resources and strategic direction.