Published by Global Banking & Finance Review®
Posted on December 16, 2024
1 min readLast updated: January 27, 2026
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Carlyle sells Italian aerospace firm Forgital to Stonepeak for €2 billion. The deal is set to close by Q2 2025, marking a significant private equity transaction.
MILAN (Reuters) - Private equity firm Carlyle has agreed to sell Italian firm Forgital, which manufactures forged components mainly for the aerospace sector, to U.S. alternative investment firm Stonepeak, the two companies said on Monday.
The deal gives the Italian company an enterprise value of around 2 billion euros ($2.10 billion), a source close to the matter told Reuters.
The transaction is expected to close in the second quarter of 2025, the two private equity firms said.
Carlyle, which was advised by JP Morgan on the sale, bought Forgital in 2019.
Earlier this month Reuters reported that three private equity firms, including Stonepeak and Cinven were left in the race for Forgital.
($1 = 0.9528 euros)
(Reporting by Elisa Anzolin and Francesca Landini, editing by Giulia Segreti)
The main topic is Carlyle's sale of Forgital to Stonepeak for €2 billion, focusing on the aerospace sector.
The companies involved are Carlyle, Forgital, and Stonepeak.
The transaction is expected to close in the second quarter of 2025.
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