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Comau’s robotic household, together with its lately launched S-Household of small robotic arms. | Supply: Comau
Stellantis NV, one of many world’s largest automakers, and One Fairness Companions, a middle-market personal fairness agency, in the present day stated they’ve signed a binding settlement by which One Fairness Companions will make a majority funding in Comau S.p.A. The businesses didn’t disclose the monetary phrases of the personal transaction.
One Fairness Companions (OEP) stated it expects the transaction, which is topic to regulatory approvals and different customary closing circumstances, to shut by the top of 2024.
“Comau is a modern industrial automation firm with first-rate robotics know-how that has super development potential,” acknowledged Ante Kusurin, accomplice at One Fairness Companions. “We have now deep experience in executing advanced company carve-out transactions, and we imagine we’ve the assets to assist place Comau as a profitable standalone enterprise.”
Comau continues shift past automotive
Based in 1973, Comau makes a speciality of industrial automation and superior robotics. The Turin, Italy-based firm additionally provides collaborative robots, wearables, vision-based programs, and software program.
At Automate this 12 months, Comau introduced new merchandise. They included its S-Household welding and supplies dealing with programs, the MI.RA/OnePicker system, and the MATE-XB and MATE-XT exoskeletons.
The previous Stellantis subsidiary lately stated it’s shifting from conventional robotics to software-driven programs and industry-agnostic applied sciences.
“In its over 50 years of historical past, Comau has constantly demonstrated the power to remodel its enterprise, know-how, and method to innovation,” stated Pietro Gorlier, CEO of Comau. “This operation is per Comau’s strategic plan, which goals to increase its enterprise past the automotive sector, concentrating on the worldwide demand development for industrial automation.”
“This can even consolidate the corporate’s place as a powerful worldwide chief in its sector, sustaining strong Italian roots,” he added.
Government crew to remain in place
Comau’s spinoff from Stellantis was a part of the strategic settlement set in January 2021, when Peugeot SA and Fiat Chrysler Cars NV merged to type the automaker and mobility supplier. Government Chairman Alessandro Nasi and CEO Pietro Gorlier will retain their tasks, as will Comau’s govt crew.
“Comau has positioned itself as a acknowledged participant within the subject of automation options over the previous 50 years,” stated Stellantis CEO Carlos Tavares. “This deliberate transaction is designed to assist Comau obtain autonomy and additional strengthen its success in assist of all its stakeholders, particularly for his or her workers and clients. It additionally provides Stellantis the power to give attention to core enterprise actions in Europe.”
Comau stated it has an area presence in all areas and a world community that’s strengthened by its enterprise and management continuity. As an autonomous firm, it asserted that it might now independently establish and pursue new alternatives and investments.
Beneath the brand new possession, Comau stated it’ll have entry to further funds to develop its competencies in diversified sectors.
