Fiocchi Group, the maker of small-caliber ammunition under Fiocchi Munizioni, Fiocchi of America and Baschieri & Pellagri brands, announced the acquisition of Lyalvale Express.
Established in 1983 in Lichfield, England, the manufacturer specializes in the distribution of hunting and sporting clay shotshells. Fiocchi Group is based in Ozark, MO.
The deal closed on April 6, 2022. Terms were not disclosed.
The acquisition’s objective is to further consolidate Fiocchi Group’s leadership in the hunting and sporting clay shooting segments. Increased manufacturing and product portfolio expansion will offer consumers a complete range of products.
The Fiocchi Group expects to benefit from increased manufacturing from four plants—the Fiocchi Munizioni plant in Lecco, Italy, the Baschieri and Pellagri facility in Bologna, Italy, the Fiocchi of America plants in Missouri and Arkansas, and the newly acquired Lyalvale Express facility in Litchfield (north of Birmingham), UK.
“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 a large production platform that will generate important synergies,” said Maurizio Negro, CEO, Fiocchi Group.
Anthony Acitelli, Fiocchi of America CEO and president added, “The acquisition of Lyalvale Express not only brings an established brand with a quality product to the Group portfolio but additional manufacturing capacity to service Fiocchi Group’s wide range of customers and consumers. We look forward to expanding and capitalizing on this very important addition to our leadership position in the ammunition industry.”
Logo courtesy Lyalvale Express