Announced

Landi Renzo to acquire Metatron from Italy Technology Group for €26.7m.

Synopsis

Landi Renzo, a provider of systems and components for natural gas, LNG, LPG, and hydrogen mobility, agreed to acquire Metatron, a supplier of components for gas and hydrogen mobility, from Italy Technology Group, an investment holding company, for €26.7m. “This deal will allow us to expedite implementation of our development plan in the Mid&Heavy Duty segment, with an offer of both natural gas, biomethane and LNG, and hydrogen solutions and immediately positions us as a leader in a segment that we expect to grow rapidly in the coming years,” Cristiano Musi, Landi Renzo CEO.

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MergerLinks - Landi Renzo to acquire Metatron from Italy Technology Group for €26.7m.