January 3, 2025 12:43

Stellantis has completed the sale of the majority stake in Comau to private equity firm One Equity Partners, while retaining a minority shareholding.
The deal was announced in July, with government approval, subject to specific conditions, granted last October.

Based in Turin, Northern Italy, Comau boasts nearly half a century of experience in industrial automation and advanced robotics. The company operates 7 innovation centers, 12 production facilities across 12 countries, and employs 3,700 people.

This transaction will enable Stellantis to focus on its core activities in Europe, the automotive group stated. "I am confident that Comau, under its new ownership, has the right leadership, strategy and operational discipline to create sustainable, long-term value for all its stakeholders, from Italy to the world," said Stellantis Chairman John Elkann.

Comau's Executive Chairman Alessandro Nasi and CEO Pietro Gorlier will continue to lead the company. "The finalization of this transaction represents another fundamental milestone in Comau’s growth path," said Pietro Gorlier. "The support of One Equity Partners will allow us to capitalize on the growing global demand for advanced automation, with Stellantis as an active minority shareholder. This arrangement preserves our deep-rooted Italian identity while reaffirming Comau’s position as a leading international player in the industrial automation industry, as well as an increasing number of different sectors."

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