<p>The Italian Lucchini RS group announced that Lucchini FA.RO is the name of a new company born from the merger between Lucchini RS group’s distributor of tool steels Lucchini Tool Steel and leading distributors of tool steel in Europe FA.RO Acciai. Lucchini FA.RO will operate from its three industrial sites in Pozzo dAdda in Milan, Suisio in Bergamo and Padua, with about 70 employees, production areas of over 20,000 square meters, 60 automatic sawing machines and overhead cranes up to 50 tonnes. The new company will have a combined turnover of over EUR 50 million. By combining the market shares and strengths of the two previous entities, Lucchini FA.RO proposes itself as a leader in the sector of the sale of quality steels for tools, intended for the production of molds for plastic, die casting, extrusion and hot forging, becoming one of the most important European service centers in the sector, aimed at following better and better the vast national and European clientele.</p><p>Lucchini Tool Steel, 100% controlled by the Lucchini RS group, was started in 2017 after the acquisition of the Euras business unit in Desio, a company with experience in machining, sales and distribution of tool steels. Lucchini RS is a primary integrated European manufacturer of tool steels, equipped with the entire production process chain from the steel mill to the forging units in Lovere in Bergamo and Cividate Camuno in Brescia, to the research and development of materials, heat treatments and tests, up to the sale and after-sales assistance, thus guaranteeing the entire cycle of the product sold. The company is active in the distribution of steels for molds for various sectors including: automotive, household appliances, electronics, lenses, optics, food, packaging, medical and aerospace ". In 2020 it generated revenues of 12 million euros and has 27 employees.</p><p>On the other hand, FA.RO Acciai has for decades been an undisputed reference in the sale and distribution of tool steels. Founded in 1984 by the Valsasina family, FA.RO ACCIAI has been recognized on the market as excellence in the distribution of steel blocks cut to size for the construction of molds for plastic materials, for die-casting equipment for aluminum alloys and for the forging of metals. In 2020 it generated revenues of 35 million euros and currently has 43 employees.</p>
<p>The Italian Lucchini RS group announced that Lucchini FA.RO is the name of a new company born from the merger between Lucchini RS group’s distributor of tool steels Lucchini Tool Steel and leading distributors of tool steel in Europe FA.RO Acciai. Lucchini FA.RO will operate from its three industrial sites in Pozzo dAdda in Milan, Suisio in Bergamo and Padua, with about 70 employees, production areas of over 20,000 square meters, 60 automatic sawing machines and overhead cranes up to 50 tonnes. The new company will have a combined turnover of over EUR 50 million. By combining the market shares and strengths of the two previous entities, Lucchini FA.RO proposes itself as a leader in the sector of the sale of quality steels for tools, intended for the production of molds for plastic, die casting, extrusion and hot forging, becoming one of the most important European service centers in the sector, aimed at following better and better the vast national and European clientele.</p><p>Lucchini Tool Steel, 100% controlled by the Lucchini RS group, was started in 2017 after the acquisition of the Euras business unit in Desio, a company with experience in machining, sales and distribution of tool steels. Lucchini RS is a primary integrated European manufacturer of tool steels, equipped with the entire production process chain from the steel mill to the forging units in Lovere in Bergamo and Cividate Camuno in Brescia, to the research and development of materials, heat treatments and tests, up to the sale and after-sales assistance, thus guaranteeing the entire cycle of the product sold. The company is active in the distribution of steels for molds for various sectors including: automotive, household appliances, electronics, lenses, optics, food, packaging, medical and aerospace ". In 2020 it generated revenues of 12 million euros and has 27 employees.</p><p>On the other hand, FA.RO Acciai has for decades been an undisputed reference in the sale and distribution of tool steels. Founded in 1984 by the Valsasina family, FA.RO ACCIAI has been recognized on the market as excellence in the distribution of steel blocks cut to size for the construction of molds for plastic materials, for die-casting equipment for aluminum alloys and for the forging of metals. In 2020 it generated revenues of 35 million euros and currently has 43 employees.</p>
