Founded on 24 June 1910 in Milan, Italy as A.L.F.A.—an acronym for Anonima Lombarda Fabbrica Automobili[a]—the company was established by Cavaliere Ugo Stella to acquire the assets of the ailing Italian subsidiary of French carmaker Darracq, of which he had been an investor and manager, in August 1915, ALFA was acquired by Neapolitan entrepreneur and engineer Nicola Romeo, who vastly expanded the company's portfolio to include heavy machinery and aircraft engines

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