The company is the natural result of an entrepreneurial evolution of a family business whose origins date back to the second half of the 19th century in Italy.
Its growth occurred following significant industrial investments and expansion in European and extra-European markets and, more recently, through the acquisition of two French leading companies in the sector, that became Forgital FMDL and Forgital Dembiermont.
The dynamic rate of its evolution has been confirmed by the most recent initiatives which range from the takeover of the services company, RTM Breda, the creation of Fly, the high-tech machining shop.

Starting from September, 2019, the Company is part of the Carlyle Group.