The Schuler Group spent over 100 million euros to acquire Farina Presse, an Italian press manufacturer.

The Schuler Group spent over 100 million euros to acquire Farina Presse, an Italian press manufacturer. Located in Suello, northern Italy, Farina Presse is an expert in the metal processing field. This “small enterprise” has only 40 employees but achieved sales of 20 million euros in 2017. This acquisition is of great significance for Schuler to complete its product portfolio in the fields of forging presses and single - stroke presses. Farina Presse's products enjoy a high reputation in Europe. After the acquisition, they will be integrated into Schuler's global sales network and continue to operate under the original brand.

The development history of Farina Presse can be traced back to 1932. At that time, it was just a company producing sheet metal cutting equipment. During product testing, they needed to use forging equipment, so they began to try to develop presses. Soon, they found that their presses were even better than sheet metal cutting tools, and thus started the production of presses. By the 1970s, the press production of Farina Presse focused on hot die - forging presses. Hot die - forging presses can be used for mass production of die - forging and finishing forgings of ferrous and non - ferrous metals. The forgings produced have high precision, high material utilization rate, high productivity, are easy to automate, and require less operating skills from workers. Although there was no enterprise in Italy producing hot die - forging presses at that time, Farina Presse firmly believed that hot die - forging would have great applications in future forging production.

Therefore, Farina Presse soon gave up the development of stamping presses and turned to focus on hot die - forging. Compared with stamping presses, hot die - forging presses require more complex manufacturing techniques and more advanced technologies. As a small enterprise, Farina Presse had insufficient manpower and technical foundation, but they did not give up. In the following decades, Farina Presse continuously studied and improved the production process of hot die - forging presses. By the early 21st century, they were able to design and manufacture a complete hot die - forging press production line, which was an extremely advanced technology worldwide. With advanced technology and excellent craftsmanship, Farina Presse became well - known in Europe.

Although the number of employees of Farina Presse is relatively small, their expertise and technical capabilities enable them to efficiently produce high - quality products and achieve good sales performance in the market. Their sales reached 20 million euros in 2017, indicating their strong competitiveness and market recognition in the field of metal forming equipment manufacturing.

“Small but refined” is the development concept of Farina Presse.

They focus on technological innovation and product research and development, continuously launch new products to meet market demands, and pay attention to the continuous improvement of product quality and performance. At the same time, they also focus on employee training and skill improvement, as well as providing comprehensive service support to create better value for customers. This development concept has enabled Farina Presse to gain a good reputation and market share in the field of metal forming equipment manufacturing. For more than 80 years, Farina Presse has been focusing on the press field, committed to providing high - quality and high - performance press equipment and services to global customers. Their product range covers various types of presses, including hot die - forging presses, stamping presses, hydraulic presses, etc., as well as related auxiliary equipment and tools. Farina Presse has a profound accumulation of expertise and technology in the press field. They have a professional R & D team and technical service team, which can provide customers with a full range of services from equipment design, manufacturing, installation and commissioning to maintenance. Farina Presse also attaches great importance to technological innovation and product research and development, and continuously launches new products and services to meet different customer needs. The focus, continuous innovation of Farina Presse over the past 80 years, and its close cooperation with customers are the keys to its long - term development in the press field.