UniCredit, BNL Group BNP Paribas and SACE, which together with SIMEST is the export and internationalization hub of the CDP Group, have completed a loan transaction from 16 million euro to support ASO Group's exports.
The credit line, provided by the two banks and guaranteed by SACE, is aimed at purchasing an innovative forging line for the production of round steel bars that will be destined for various international markets such as USA, Mexico, China, India, South Africa and European Union.
“This operation, as a strategic investment - declared Paola Artioli, CEO of ASO Holding - will strengthen the presence of our companies on international markets. Conceived with a view to 4.0 to complete the range of our highest quality product offer, it will allow to optimize overall performance and increase turnover in future years ".
"By supporting a company such as ASO, we confirm our commitment to a territory that has always expressed a dynamic industrial fabric and voted for international markets. This operation confirms that technological innovation and internationalization are inextricably bound to compete and win the challenges of foreign markets - said Simonetta Acri, Chief Sales Officer of SACE (CDP Group) -. Only in Lombardy, with our offices in Brescia and Milan, the Pole for exports and internationalization serves more than 5 thousand companies and, only in the first half of the 2017, has mobilized resources to support the international development of Lombard companies for over 6 billions of euros ".
ASO, founded in Ospitaletto (BS) in 1971, is a "pocket-sized" multinational that produces special and innovative steels with specific physical and chemical properties for the forging market.