Stellantis and One Equity Partners (OEP) announce OEP's majority investment in Comau S.p.A., a global leader in industrial automation and advanced robotics, aligning with Stellantis' 2021 merger plans. Stellantis and One Equity Partners (OEP) announce OEP's majority investment in Comau S.p.A., a global leader in industrial automation and advanced robotics, aligning with Stellantis' 2021 merger plans.

Stellantis to Spin Off Comau as One Equity Partners Acquires Majority Stake

Stellantis and One Equity Partners (OEP) announce OEP’s majority investment in Comau S.p.A., a global leader in industrial automation and advanced robotics, aligning with Stellantis’ 2021 merger plans.

Stellantis N.V., one of the world’s largest automakers, and One Equity Partners (OEP), a middle-market private equity firm, announced OEP’s majority investment in Comau S.p.A., a global leader in industrial automation and advanced robotics. This move aligns with Stellantis’ strategic plans established during its 2021 merger between FCA and Groupe PSA.

Carlos Tavares, CEO of Stellantis, emphasized Comau’s significant achievements in automation over the past 50 years. He highlighted that the transaction aims to grant Comau greater autonomy, bolster its success for employees and customers, and enable Stellantis to concentrate on its core European operations.

Ante Kusurin, Partner at OEP, praised Comau’s advanced robotics technology and growth potential, noting OEP’s expertise in complex corporate carve-outs. He expressed confidence in positioning Comau as a successful standalone entity.

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Stellantis and One Equity Partners (OEP) announce OEP's majority investment in Comau S.p.A., a global leader in industrial automation and advanced robotics, aligning with Stellantis' 2021 merger plans.
Stellantis to Spin Off Comau as One Equity Partners Acquires Majority Stake.

Comau CEO Pietro Gorlier reiterated the company’s strategic plan to diversify beyond automotive into broader industrial automation markets, maintaining its Italian roots and international leadership. Executive Chairman Alessandro Nasi and Gorlier, along with the current executive team, will continue in their roles, ensuring business continuity.

The deal, expected to close by the end of 2024 pending regulatory approval, positions Comau to pursue new opportunities independently and strengthen its global presence.

About Comau

Comau, headquartered in Turin, Italy, specializes in sustainable advanced automation solutions with a robust presence in e-Mobility, advanced robotics, and digital solutions. The company operates seven innovation centers and twelve manufacturing plants worldwide, employing 3,700 people. Comau’s extensive network supports diverse industries through automation, project management, and consultancy services. For more information, visit www.comau.com.

About Stellantis

Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is dedicated to providing clean, safe, and affordable mobility. Renowned for brands like Jeep, Maserati, and Peugeot, Stellantis aims to become a carbon net zero company by 2038, executing its Dare Forward 2030 plan. For more information, visit www.stellantis.com.

About One Equity Partners

One Equity Partners (OEP) focuses on the industrial, healthcare, and technology sectors in North America and Europe, aiming to build market-leading companies through transformative business combinations. Founded in 2001 and spun out of JP Morgan in 2015, OEP has offices in New York, Chicago, Frankfurt, and Amsterdam. For more information, visit www.oneequity.com.

Source: One Equity Partners Invests in Comau to Propel Growth for Italian Industrial Automation Leader

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