The Group, founded in 1970’s and based in Carpaneto Piacentino (Piacenza), is active in the production of components for the oil & gas industry.

The Group’s two division, Douglas Chero and Douglas Italia, manufacture rispectively small forged steel valves for refineries and customized filters and steam traps for gas processing plants.

The company was acquired by the CPEF in October 2007 through a management buy-in transaction

In August 2013 the Company was sold to Cameron International, a US based multinational listed on the NYSE and leading provider of flow equipment products, systems and services to oil & gas industry.