Danieli acquires FATA, a referenced player in the field of industrial plant engineering and construction

On 6th October 2015 FINMECCANICA signed an agreement to sell 100% of FATA S.p.A. to the DANIELI Group.

FATA, established in 1936 with headquarters in Pianezza (TO), employs a workforce of approximately 200 employees and has a yearly turnover of about Euro 150 mio. It operates worldwide as a referenced player in the field of industrial plant engineering and construction with its subsidiaries in the USA (Fata Hunter), India (FATA Engineering), China (Fata Shanghai ) and the UAE (Fata Gulf).

FATA is divided into two main businesses:
> FATA EPC - based on 50 years of experienced activity in the field of turnkey plant engineering, procurement and construction, with a first-class track record in the aluminum, chemicals and power markets;
> FATA HUNTER - with distinctive capabilities in the aluminum, steel and stainless steel processing industries
The acquisition of Fata EPC marks a milestone in Danieli’s project execution capability, and following the integration of the resources of Fata EPC and Danieli Construction International, which will add competitiveness to both business units, the company will remain independent and be free to operate in the most profitable markets.
The acquisition of Fata Hunter will further broaden Danieli Centro Aluminum’s product range thanks to its years-long experience in Continuous Roll Casters, Foil Mills, Color Coating Lines and complete Aluminum Plants (for food and pharmaceutical packaging) including EPC experience in smelter projects. These are strategic references which could boost DANIELI’s sound experience in the non-ferrous sector.
The acquisition of Fata Hunter will also integrate certain areas of DANIELI competences in steel lines such as Grinding and Polishing Lines and, partially, Bright Annealing Lines, as well as adding to our reference list regarding Galvanizing, Pickling and Annealing lines, with particular focus on Stainless Steel.

The recent Partnership Agreement entered into between DANIELI and Alcoa for the worldwide marketing of the Micromill TM Technology will put Danieli Centro Aluminum on the cutting edge of technology in the Aluminum Market. The compact layout and the extreme applications of the material produced (including but not limited to automotive applications) will benefit our end customers in the long term by providing them with products with unique technology.
We wish FATA Team a successful integration within the DANIELI Group for the purpose of further strengthening its market leadership.