Il Flakes Group, a world leader in the production of small caliber ammunition under the brands Fiocchi Munizioni, Baschieri & Pellagri and Fiocchi of America, announces that it has completed the acquisition of the entire share capital of Lyalvale Express, historical company in the English market founded in 1983 in Lichfield, United Kingdom, and specialized in the production and sale of cartridges for hunting and shooting in the premium segment. The closing of the transaction took place on April 6, 2022. The acquisition of the English production center of Lyalvale Express aims to further consolidate the leadership of the Fiocchi Group in the hunting and shooting segments both from an industrial point of view and from an offer to the consumer through a complete range of premium and super-premium products.
The Group will therefore have four production plants on two continents, with an unparalleled presence in the sector: the historic Fiocchi Munizioni plant in Lecco, the Baschieri & Pellagri center of excellence in Bologna, the production center of Fiocchi of America, divided between the two factories in Missouri and Arkansas in the United States and the new British company of Lyalvale Express in Lichfield, north of Birmingham. In addition, the complementarity of the companies' products and the strong capacity for innovation - the latest example is the launch of biodegradable components for hunting and shooting cartridges, part of the Green Core project - thanks to the extensive commercial network of the Group at an international level, they will allow for further significant growth in world markets.
“We are delighted to announce this transaction of great strategic value. Lyalvale Express becomes part of a Group with an unparalleled historical legacy and will be able to count on a great innovative capacity and on an international production center that will offer important synergies ”enthuses Maurizio Negro, CEO of the Group. Stefano Fiocchi, President of the Group, underlines that “he is with great pride that we welcome Lyalvale Express to our Group.
We will be able to count on another brand of great historical value that will further contribute to the consolidation of the leadership and development of the Fiocchi Group in the world ”. James Rose, Managing Director of Fiocchi UK, will take on the role of Managing Director of the new English hub: "I am extremely enthusiastic about this operation, I have always respected the great quality and premium positioning of Lyalvale Express and I am sure that together we will be able to consolidate and further develop our market ”.