Pietro Fiorentini took over 70% of GWC Italia

Pietro Fiorentini took over 70% of the shares of GWC Italia, a company headquartered in Trezzo sull’Adda (Mi), from a bankruptcy proceeding, together with the investment fund B4 H II – EuVECA Fund which holds 30%.

GWC Italia remains an important player in the valve sector, specialising in the production and manufacture of ball valves for the upstream, midstream, downstream, offshore and onshore market segments for large players in the Oil & Gas world. The company holds 100% of GWC USA Inc., operational since 1985 in Bakersfield, California, and now a reference point for the North American market.

With this operation, the Pietro Fiorentini Group strengthens its position in the ball valves sector and its presence in the USA and Canada.