LBO France-backed Bluclad to acquire Progold.

LBO France-backed Bluclad, a Florentine company active in the sector of electroplating products for the fashion and luxury market, agreed to acquire Progold, a Vicenza-based company active in the sector of alloys, master alloys, and additive manufacturing for the high jewelry sector. Financial terms were not disclosed. “We are delighted with the conclusion of this collaboration and integration agreement between Bluclad and Progold. Although operating in different sectors of the luxury market, our companies are perfectly complementary, and the integration between the two companies will certainly lead to the creation of a global player and reference point also in the sector of components for high-level alloys and mother alloys,” Marco Eruli, Bluclad Chairman and CEO.