Stellantis Successfully Completes Comau Transaction
Stellantis N.V. (NYSE: STLA) has completed a transaction where One Equity Partners (OEP) becomes the majority shareholder of Comau, a global industrial automation and robotics company. Stellantis will maintain an active minority stake in the company.
The strategic move aims to support Comau's long-term stability and growth while allowing Stellantis to focus on its core business activities in Europe. Comau will operate as a standalone company with access to additional funding for expanding its competencies across diversified sectors. The company maintains its Italian identity while strengthening its position as an international player in industrial automation.
Stellantis N.V. (NYSE: STLA) ha completato una transazione in cui One Equity Partners (OEP) diventa il maggiore azionista di Comau, una società globale di automazione industriale e robotica. Stellantis manterrà una partecipazione attiva di minoranza nella società.
Questa mossa strategica mira a sostenere la stabilità e la crescita a lungo termine di Comau, consentendo a Stellantis di concentrarsi sulle sue attività principali in Europa. Comau opererà come una società autonoma con accesso a finanziamenti aggiuntivi per espandere le proprie competenze in settori diversificati. L'azienda mantiene la sua identità italiana mentre rafforza la propria posizione come un attore internazionale nell'automazione industriale.
Stellantis N.V. (NYSE: STLA) ha completado una transacción en la que One Equity Partners (OEP) se convierte en el accionista mayoritario de Comau, una empresa global de automatización industrial y robótica. Stellantis mantendrá una participación activa de minoría en la compañía.
Este movimiento estratégico tiene como objetivo apoyar la estabilidad y el crecimiento a largo plazo de Comau, permitiendo a Stellantis enfocarse en sus actividades centrales en Europa. Comau operará como una empresa independiente con acceso a financiamiento adicional para ampliar sus competencias en sectores diversificados. La empresa mantiene su identidad italiana mientras refuerza su posición como un actor internacional en la automatización industrial.
스텔란티스 N.V. (NYSE: STLA)는 원 이쿼티 파트너스(OEP)가 코마우의 대주주가 되는 거래를 완료했습니다. 코마우는 글로벌 산업 자동화 및 로봇 회사입니다. 스텔란티스는 회사에서 적극적인 소수 지분을 유지합니다.
이 전략적 움직임은 코마우의 장기적인 안정성과 성장을 지원하면서 스텔란티스가 유럽 내 핵심 사업에 집중할 수 있도록 하기 위해 마련되었습니다. 코마우는 다양한 부문에서의 역량 확장을 위한 추가 자금에 접근할 수 있는 독립적인 회사로 운영될 것입니다. 이 회사는 이탈리아의 정체성을 유지하며 산업 자동화 분야에서 국제적인 플레이어로서의 입지를 강화하고 있습니다.
Stellantis N.V. (NYSE: STLA) a finalisé une transaction par laquelle One Equity Partners (OEP) devient l'actionnaire majoritaire de Comau, une entreprise mondiale d'automatisation industrielle et de robotique. Stellantis conservera une participation active de minorité dans l'entreprise.
Ce mouvement stratégique vise à soutenir la stabilité et la croissance à long terme de Comau, tout en permettant à Stellantis de se concentrer sur ses activités principales en Europe. Comau fonctionnera comme une entreprise autonome, avec un accès à un financement supplémentaire pour élargir ses compétences dans des secteurs diversifiés. L'entreprise conserve son identité italienne tout en renforçant sa position en tant qu'acteur international dans l'automatisation industrielle.
Stellantis N.V. (NYSE: STLA) hat eine Transaktion abgeschlossen, bei der One Equity Partners (OEP) zum Mehrheitsaktionär von Comau, einem globalen Unternehmen für industrielle Automatisierung und Robotik, wird. Stellantis wird eine aktive Minderheitsbeteiligung an dem Unternehmen behalten.
Dieser strategische Schritt zielt darauf ab, die langfristige Stabilität und das Wachstum von Comau zu unterstützen und gleichzeitig Stellantis zu ermöglichen, sich auf seine Kernaktivitäten in Europa zu konzentrieren. Comau wird als eigenständiges Unternehmen mit Zugang zu zusätzlichen Finanzierungen zur Erweiterung seiner Kompetenzen in diversifizierten Branchen agieren. Das Unternehmen behält seine italienische Identität bei und stärkt seine Position als internationaler Akteur in der industriellen Automatisierung.
- Strategic divestment allows Stellantis to focus on core automotive business
- Maintains minority stake in Comau, potentially benefiting from future growth
- Transaction strengthens Stellantis' business focus while preserving strategic interests
- Reduction in ownership control of a profitable automation technology subsidiary
- Potential loss of direct access to proprietary automation technology
Insights
The divestment of Comau marks a strategic restructuring move for Stellantis, with significant implications for both entities. The transaction, structured as a majority stake sale to One Equity Partners while retaining a minority position, accomplishes several key objectives: operational focus enhancement for Stellantis and growth capital access for Comau.
This deal structure is particularly clever - it allows Stellantis to maintain strategic alignment with Comau's automation capabilities while freeing up resources and management bandwidth. For Comau, the private equity backing provides important growth capital and operational expertise needed to expand beyond automotive into broader industrial automation markets.
The timing aligns well with industry trends, as automotive suppliers increasingly seek independence from single OEM ownership to diversify their customer base and attract investment. This transaction should strengthen Comau's market position and competitive dynamics in the growing industrial automation sector.
The strategic significance of this transaction extends beyond the immediate financial implications. Comau's expertise in advanced robotics and industrial automation positions it well to capitalize on the accelerating trend toward smart manufacturing and Industry 4.0 adoption.
With OEP's backing, Comau can now aggressively pursue opportunities in high-growth segments like electronics manufacturing, logistics automation and emerging technologies. The company's established presence across global markets, combined with fresh capital injection, creates a strong foundation for expanding its technology portfolio and market reach.
The retention of Stellantis as a minority shareholder ensures continuity in the important automotive sector while enabling Comau to diversify its revenue streams. This balanced approach should help stabilize long-term growth prospects and enhance technological innovation capabilities.
Stellantis Successfully Completes Comau Transaction
- One Equity Partners (OEP) becomes majority shareholder of Comau; Stellantis will remain an active minority shareholder
- Transaction supports Comau’s long-term stability and positions it for future growth
AMSTERDAM, December 30, 2024 – Stellantis N.V. today announced that One Equity Partners (“OEP”), a middle market private equity firm, has completed its majority investment in Comau S.p.A. (“Comau”), a global technology company specializing in industrial automation and advanced robotics. This strategic move marks a significant milestone for Comau, positioning the company for enhanced growth and innovation. It also provides Stellantis with the ability to focus on core business activities in Europe.
“I want to express my gratitude to Comau’s employees for providing innovative products and services to all its customers,” said Stellantis Chairman John Elkann. “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.”
“Comau has consistently renewed its innovation and business strategies developing new technology solutions to respond to evolving market dynamics along its 50+ years of experience in international markets,” remarked Comau CEO Pietro Gorlier. “The finalization of this transaction represents another fundamental milestone in Comau’s growth path. 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.”
“Comau is a leading industrial automation company with significant growth potential and first-rate robotics technology,” said Ante Kusurin, Partner, One Equity Partners. “OEP is well-positioned to help drive Comau’s next phase of growth as an independent company utilizing our industry expertise and established operational playbook for carve-out transactions.”
Comau has a local presence in all regions and a global network that is strengthened by its business and leadership continuity. As a standalone company, Comau will have access to additional funds to grow its competencies in diversified sectors.
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About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com.
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For more information, contact: Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com Claudio D’AMICO +39 334 710 7828 – claudiodamico@stellantis.com communications@stellantis.com www.stellantis.com | ||||||||
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