Stellantis Finalizes Comau Deal with OEP

Earlier this week, Stellantis completed the sale of a majority stake in Comau S.p.A. to One Equity Partners (OEP), a private equity firm specializing in middle-market investments. This marks a significant milestone for Comau, a global leader in industrial automation and robotics, as it embarks on a new growth phase.

Founded in 1973, Comau has built a reputation for delivering cutting-edge solutions in automation and robotics. From its early days supporting automotive manufacturing to its recent ventures in advanced battery production and digital manufacturing, the company has consistently evolved to meet the demands of modern industries.

Under OEP’s ownership, Comau will remain rooted in its Italian heritage while focusing on expanding its international reach. The deal allows Stellantis to streamline its operations and concentrate on its core automotive business in Europe. Despite selling a majority stake, Stellantis retains a minority interest, signaling its ongoing confidence in Comau’s capabilities.

John Elkann, Stellantis Chairman, praised Comau’s legacy and expressed optimism for its future. “Comau’s innovative spirit has been a cornerstone of its success. I am confident this transition will unlock new opportunities for the company and its stakeholders,” Elkann stated.

Comau CEO Pietro Gorlier highlighted the significance of the partnership with OEP, stating, “This transaction represents a pivotal moment for Comau. With OEP’s support, we are well-positioned to capitalize on growing global demand for automation solutions.”

OEP Partner Ante Kusurin added, “Comau’s expertise in robotics and industrial automation makes it a standout player in the industry. We are excited to work together to drive its next chapter of growth.”

As Comau steps into this new era, its leadership aims to leverage OEP’s industry expertise to expand its footprint in sectors like green energy, smart factories, and advanced robotics. With over five decades of innovation behind it, Comau’s future looks bright.