Carlyle finally to buy Forgital in a 950 mln euros deal. NB Aurora will cash-in 50 mln euros

Carlyle signed the binding agreement to acquire 100% of the capital of Forgital spa, the Vicenza-based company specialized in the production of rings and other large forged components destined for the aerospace, oil & gas and energy sectors, which is 83% controlled by the Spezzapria family and 17% by Fondo Italiano d'Investimento, NB Aurora announced (download the press release here). Fondo Italiano d'Investimento is actually managed by Neuberger Berman and 44.5% underwritten by NB Aurora, a private equity investment vehicle listed at the Milan Stock Exchange, in turn managed by Neuberger Berman, while the remainder stake in Fondo Italiano d'Investimento is subscribed by the NB SOF IV Holdings fund in turn managed by Neuberger Ber