Tag Archives: Pietro Gorlier

Private Equity Buys Comau. Stellantis has Minor Stake

Posted on 31 December 2024 by Ken Zino

Stellantis N.V. (NYSE: STLA ) has confirmed that One Equity Partners – a private equity firm – has completed its majority investment in Comau S.p.A. a global company specializing in industrial automation and advanced robotics. It’s the latest move at struggling Stellantis to clean up its ailing automotive pursuits.*

“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 in a pro-forma statement. “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.” Continue reading →

Posted in auto news, car sharing, manufacturing, milestones, news analysis | Tagged , , , , , , , , , , , | Leave a comment

FCA and Trade Unions Meet in Turin on Employment

Posted on 1 December 2018 by Ken Zino

The fate of other FCA plants is murkier given the FCA stated goal of “strong synergies achieved through common application of electrified powertrains and platform sharing” as presented 2018-2022 Business Plan at FCA’s Capital Markets Day last June in Balocco. They are currently operating under capacity without full employment. Continue reading →

Posted in economy, electric vehicles, labor issues, manufacturing, new vehicle | Tagged , , , , , , , , , | Leave a comment