Stonepeak to acquire Forgital from Carlyle for €2bn.

Stonepeak, an alternative investment firm, agreed to acquire Forgital, a manufacturer of advanced forged and machine-finished components for aerospace and industrial end markets, from Carlyle, a global investment firm, for €2bn. “I would like to thank the Carlyle team for their invaluable support, expertise and guidance over the last few years, which have been a significant period of change and development for Forgital. Stonepeak represents an ideal partner for the next stage of Forgital’s growth, bringing deep experience, global relationships, and operational expertise within sectors and businesses that are mission-critical to the supply chain. We are excited to leverage these resources to support our customers, and to partner with Conor and the rest of the Stonepeak team as we continue to develop Forgital’s manufacturing excellence and global capabilities,” Meddah Hadjar, Forgital CEO.