IGI Private Equity-backed OME Metallurgica Erbese completed the acquisition of Jungeblodt.

IGI Private Equity-backed OME Metallurgica Erbese, an Italian fastening elements and industrial solutions provider, completed the acquisition of Jungeblodt, a metal processing company. Financial terms were not disclosed. “This operation will allow the consolidation of the OME Group in the segment of critical fastening systems through the union of two historical production companies in the world’s leading countries for mechanical machining and the first in Europe in the production of steel,” Andrea Zuccarino, OME Metallurgica Erbese CEO.