Util Group
Company History
1959 | Foundation of Util S.p.A. | |
1968 | Fine Blanking Introduction | |
1972 | New Plant in Villanova d’Asti (Asti, Italy) | |
1978 | Fine Blanking Engineering establishment | |
1978 | Foundation of Ostaf (Pianezza Plant – Turin, Italy) | |
1985 | Foundation of Util Automotive (Atlanta, GA – USA) | |
1997 | New ownership and industrial restart | |
2000 | Merging Util Industries S.p.A. with Capital Tool Design Ltd. | |
2002 | Acquisition of Eurobrake assets | |
2004 | Acquisition of Tabco Auto Brake | |
2005 | Acquisition of All Metal | |
2005 | Acquisition of Lianchuang China plant | |
2005 | Util Mexico opening | |
2006 | Util (Guangzhou) Brakes Co., Ltd Nansha Opening Ceremony | |
2010 | Util Group Worldwide Presence | |
2011 | Worldwide Fine Blanking Premiership | |
2011 | Capital Tool Design Ltd. name change into Util Canada | |
2011 | Opening Shanghai Representative Office | |
2012 | New Corporate Website & Global Product Web Catalogue | |
2017 | Change of ownership to Idea Capital |