Carlyle Group completed the $1.1bn acquisition of Forgital.

The Carlyle Group completed the $1.1bn acquisition of Forgital, a manufacturing company producing large forged and machined components for use in the aerospace and industrial industries. “We admire Forgital’s strong business model, manufacturing excellence and high capability to innovate. In partnership with the experienced management team and talented workforce, we look forward to supporting Forgital’s expansion through the creation of a global growth platform, notably in the aerospace sector," Filippo Penatti, Carlyle Managing Director.