MergerLinks Header Logo

Announced

Comer Industries to acquire Benevelli Electric Powertrain Solutions and Sitem Motori Elettrici.

Synopsis

Comer Industries, a machinery industry company, agreed to acquire Benevelli Electric Powertrain Solutions, an industrial engineer, and Sitem Motori Elettrici, an electric motors manufacturer. Financial terms were not disclosed. "With this operation involving two excellences in a rapidly expanding market, such as that of electric vehicles, the concreteness of our future vision is confirmed,” Matteo Storchi, Comer Industries Chairman and CEO.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US