Groupe RG buys Italy's Morganti to expand European safety-gear lead
What's the deal? Groupe RGDealroom has a profile for this one. Try Dealroom →, France's leading distributor of personal protective equipment (PPE), has signed an agreement to acquire Italy's Morganti S.p.A.Dealroom has a profile for this one. Try Dealroom →, owner of the KapriolDealroom has a profile for this one. Try Dealroom → brand. The deal pairs the French group's distribution reach with the Lecco-based manufacturer's know-how in PPE and technical workwear. Closing is expected by the end of October 2026, subject to customary legal conditions.
What's the endgame? Groupe RG is pursuing international growth through targeted acquisitions. Adding Morganti strengthens its position in specialist distribution, builders' merchants, and professional retail networks across Europe.
Why now? The move lands in a rapidly consolidating European safety market. For Morganti — which is approaching its centenary — joining Groupe RG secures long-term stability and immediate cross-selling synergies across workwear and protective equipment through the French group's distribution network.
What changes? The integration follows a complementary, multi-brand logic. Morganti's management stays in place, all staff join the new company, and the Kapriol brand is fully preserved, along with existing customer and reseller relationships.
"Morganti is a company with an extraordinary history, a well-established reputation, and deep knowledge of the Italian and European markets," said Pierre Manchini, president of Groupe RG (translated from Italian). He called the acquisition "an important step in our strategy."
Franco Morganti, chief executive officer, and Alberto Morganti, general manager, described the deal as "a key moment in the history of our company."
The signal: The tie-up reflects a broader push to consolidate Europe's fragmented safety-equipment market, combining industrial manufacturing with continent-wide distribution to serve construction, industrial, and trade professionals.
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Image credit: Generated with Gemini
