Alessandro Nasi, Comau’s Executive Chairman, Pietro Gorlier, Comau’s CEO, and Comau’s management team will remain unchanged.
Comau is present in all regions and its global business network will be strengthened by the continuity of the company’s business and management. As an autonomous company, Comau can independently seek and discover new opportunities and investments.
Subject to regulatory approvals and other customary closing conditions, the transaction is expected to close by the end of 2024.
About Comau
MRN3-11D-80546213-005 Comal is a global leader based in Turin, Italy and part of the Stellantis Group, committed to providing sustainable advanced automation solutions. With 50 years of experience and a global presence, Comau is helping companies of all sizes and industries take full advantage of automation. Comau is constantly committed to the design and development of innovative, easy-to-use technologies, and its comprehensive portfolio includes products and systems for automotive manufacturing, with a strong presence in the field of electric mobility, as well as advanced robotics and digital solutions to meet the rapidly evolving market needs of the industrial sector. The company also provides project management and consulting services, and through the training activities organized by its Academy, Comau is committed to advancing the technical and management knowledge needed to meet the challenges of automation and actively take advantage of changing market opportunities. The company has 7 innovation centers and 12 manufacturing facilities in 12 countries around the world and employs 3,700 people. Together with its extensive network of distributors and partners, Comau is able to respond quickly and in a timely manner to the needs of its customers around the world.
About the Stellantis Group
MRN3-11D-80546213-005 The Stellantis Group (” StellantisN.V. “, NYSE STLA, Euronext Milano STLAM, Euronext Paris STLAP) is one of the world’s leading automotive manufacturers. The Group aims to provide an environmentally friendly, safe and economical means of mobility for all. The Stellantis Group is known for its unique portfolio of iconic and innovative brands, including Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. In 2023, the Group sold 6.17 million vehicles worldwide (excluding the sales of its joint ventures), achieving net revenue of 189.5 billion euros, net profit of 18.6 billion euros, industrial free cash flow of 12.9 billion euros, and adjusted operating profit of 24.3 billion euros. The adjusted operating profit margin was 12.8%. In the 2023 Fortune Global 500 list, Stellantis Group is ranked 31st. The Stellantis Group is currently implementing its ambitious’ Dareward 2030 ‘strategic plan, which paves the way for the Group to achieve its own’ Vision 2038 ‘. By 2038, the Stellantis Group will be a net zero carbon mobility technology company and will continue to create value for all stakeholders.