Within a verticalization strategy, on September 29, Feralpi Siderurgica Spa and Groupfer Spa set up a new 50:50 Holding Company Alpifer based in Piacenza.
Alpifer intends to incorporate the quality of wire rod produced by Feralpi and the downstream steel processing capacity of Unifer, in addition to Steelfer’s sales organization.
“For Feralpi Siderurgica this operation is part of a strategy that has led us to verticalize traditional business. We dit it by acquiring a stake in Presider and MPL, and today, with Alpifer, we can verticalize our productions and expand our commercial offer to meet customer needs”, said Giuseppe Pasinim the President of Feralpi Group and now President of Alpifer.
The new company has been conceived to provide the domestic and the international market with premium quality electro-welded mesh and lattice girders, in a controlled supply chain that starts right from the procurement of raw materials.