Stellantis Finalises Comau Deal with One Equity Partners
Stellantis has finalised the majority investment in Comau S.p.A. by One Equity Partners (OEP), marking a pivotal moment in the industrial automation landscape.
Comau, a renowned leader in advanced robotics and automation, now stands poised to accelerate growth and innovation under the guidance of OEP. The transaction allows Stellantis to sharpen its focus on core business areas in Europe while ensuring Comau's legacy and future remain robust.
Comau, founded in 1973, is headquartered in Turin, Italy. It operates in 13 countries and has a robust international footprint through a network of seven innovation centres and 12 manufacturing plants. Its global presence is supported by a workforce of approximately 3,700 employees who drive the company's mission to advance industrial automation globally.
Innovation is at the heart of Comau's operations. With over 1,200 patents and seven innovation centres worldwide, the company consistently pushes the boundaries of automation technology. Its commitment to sustainability is equally notable.
Strengthening Comau's Global Position
Pietro Gorlier, CEO at Comau, states: "This transaction represents a new chapter for Comau, empowering the company to meet the growing global demand for advanced automation."
With over 50 years of experience in international markets, Comau has consistently delivered innovative technology solutions tailored to dynamic market needs.
The strategic partnership with OEP provides Comau a platform to diversify its offerings across sectors while maintaining its Italian roots.
"This arrangement reaffirms Comau's standing as a leading player in the industrial automation industry while allowing us to capitalise on new growth opportunities," Pietro adds.
Supporting innovation and long-term value
Stellantis Chairman John Elkann highlighted the deal's importance in sustaining Comau's forward trajectory: "I want to express my gratitude to Comau's employees for their commitment to innovation.
"Under OEP's ownership, Comau is positioned to deliver sustainable, long-term value from Italy to the world."
Ante Kusurin, Partner at OEP echoed this sentiment, highlighting the firm's enthusiasm for driving Comau's next growth phase.
"Comau is a leader in industrial automation with significant growth potential and world-class robotics technology," Ante notes.
OEP's expertise in carve-out transactions and operational strategies allows Comau to thrive independently.
Preserving identity while expanding horizons
With a strong local presence across regions and a global operational network, Comau retains its deep Italian heritage. Its foundation ensures continuity in leadership and business strategies while opening avenues for diversification.
As an independent company, Comau gains access to additional resources to enhance its competencies, exploring opportunities in emerging markets and industries.
The partnership secures Stellantis' role as an active minority shareholder, fostering collaboration and shared vision.
Going forward
The completion of the transaction signals a robust future for Comau as it leverages its decades of expertise and OEP's strategic guidance.
The alignment of the two entities reinforces Comau's potential to redefine industrial automation, delivering cutting-edge solutions to meet the evolving needs of global industries.
As the industrial automation sector witnesses unprecedented growth, Comau's strengthened position highlights the importance of innovation, adaptability and global collaboration in shaping the future of manufacturing and robotics.
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