Lecco, 15/04/2022
Fiocchi Group announces the acquisition of Lyalvale Express
Fiocchi Group, the worldwide leader in the production of small calibre ammunition under Fiocchi Munizioni, Baschieri & Pellagri and Fiocchi of America brands, announces the acquisition of the entire share capital of Lyalvale Express, the historical British manufacturer established in 1983 in Lichfield, United Kingdom, and specialized in manufacturing and distribution of premium game and clay shotshells.
Closing of the deal occurred April, 6th, 2022. The acquisition of the manufacturing platform of Lyalvale Express in the United Kingdom has the strategic objective of further consolidating Fiocchi Group’s leadership in the game and clay target shooting segments, not only from a manufacturing point of view but also through the expansion of the Group’s product portfolio, offering to consumers a complete range of premium and super-premium products.
Unique to this sector, Fiocchi Group will benefit from four manufacturing plants in two continents: the historical Fiocchi Munizioni plant in Lecco (Italy), Baschieri & Pellagri’s centre of excellence in Bologna (Italy), the manufacturing platform with two plants in Missouri and Arkansas (United States) and the newly acquired Lyalvale Express plant in Lichfield, north of Birmingham (UK).
In addition, the strong complementarity of the brand’s product range, coupled with the unparalleled innovation footprint – the latest example being the biodegradable shotshell components launched within the Green Core project – will allow the Group to enjoy an additional, significant growth in the global markets thanks to the unrivalled commercial network the Group has consolidated over the years.
“We are excited to announce this transaction, which has a significant strategic value. Lyalvale Express becomes part of a Group with an unbeatable historical heritage and will benefit from outstanding innovation capabilities and from a large production platform which will generate important synergies” proudly says Maurizio Negro, Group’s CEO.
Stefano Fiocchi, the Group’s President, highlights that “it’s with great pride that we welcome Lyalvale Express to our Group. We will benefit from another historical brand which will further contribute to strengthening and developing the Group’s leadership”.
James Rose, Fiocchi UK Managing Director, will become Managing Director of the new Group’s UK entity: “I’m extremely thrilled by this transaction, I’ve always respected Lyalvale’s high quality and positioning as a UK manufacturer, so I’m absolutely sure that together, we will be able to strengthen and further develop our market”