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Milan, April 18, 2016 - Tectubi Raccordi, worldwide leader in oil and gas tube fittings, part of the Allied Group, concluded the purchase of 100% of the capital of OMP Mongiardino, a company founded in 1968 specialized in the production of wide angle curves, principally destined for pipes (gas and oil) and every other type of industrial and civil plant, formerly the object of a joint venture entered into in 2009.

Tectubi Raccordi was assisted for legal matters by Pavia e Ansaldo with partners Roberto Zanchi and Carlo Trucco and by Pomati Schiavi Manera with partner Maria Pia Schiavi.

Orrick, Herrington & Sutcliffe, with partner Alessandro Mainardi, assisted the seller.