Stellantis recently announced the completion of a majority investment by private equity firm One Equity Partners (OEP) in Comau, a company specializing in industrial automation and advanced robotics. This transaction sees OEP becoming the majority shareholder, while Stellantis retains a significant minority stake.
The spin-off of Comau was initially announced in July 2024 as part of the strategic agreement made during the 2021 merger between Fiat Chrysler Automobiles (FCA) and Groupe PSA, leading to the creation of Stellantis N.V. The financial terms of the private transaction were not disclosed.
Pietro Gorlier, CEO of Comau, expressed his excitement about the transaction, stating, “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, across various sectors.”
Comau’s leadership, including executive chairman Alessandro Nasi and CEO Pietro Gorlier, along with the executive team, will continue in their roles under the new ownership structure. Stellantis chairman John Elkann expressed confidence in Comau’s leadership, strategy, and operational discipline to create sustainable, long-term value for stakeholders worldwide.
One Equity Partners Partner Ante Kusurin highlighted Comau’s potential for growth and its cutting-edge robotics technology. He stated, “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.”
The new ownership structure will provide Comau with additional funding to strengthen its Italian heritage and expand into diverse sectors, in line with Stellantis’ vision for the company. Comau is renowned for its advanced automation solutions, spanning vehicle manufacturing, e-Mobility, advanced robotics, and digital solutions for evolving industrial markets. The company also offers project management and consultancy services.
Headquartered in Turin, Italy, Comau operates globally through a network of seven innovation centers and 12 manufacturing plants across 12 countries, employing around 3,700 individuals. With the backing of One Equity Partners and Stellantis, Comau is poised for further growth and innovation in the industrial automation sector.
