A Brief History of the Italian Marque
Small company which produced two-stroke motorcycles.
Another company, Alpina Raggi SpA, was founded by Guido Cappellotto in 1926 in Laorca (Lecco) as a factory for the production of spokes and nipples for bicycles and motorcycles. There is no indication of a relationship between the two companies.
Sources: MC Storico Conti, alpinaraggi.it, et al