METELLI GROUP REINFORCES ITS LEADERSHIP IN THEENGINE COOLING AND DISTRIBUTION SEGMENT
- 18 mag 2017
- admin
- General Media
Metelli Group continues to confirm its leadership and know-how in the engine cooling and
distribution sector through the acquisition of two major Italian production companies,
assuming majority stake in BREDA LORETT S.R.L. and full ownership of BUGATTI
AUTORICAMBI S.P.A.
These two strategic acquisitions will help make the company more structured and therefore
better equipped to face future challenges.
For the past 40 years, BREDA LORETT S.R.L. with headquarters in Pianezza (Turin, Italy), has
specialised in the design, production and distribution of both traditional and automatic belt
tensioners, idler pulleys, wheel kits, dampers pulley, clutch thrust bearings and timing belt kit.
Founded in 1972, BUGATTI AUTORICAMBI S.P.A. is a long-established company with
headquarters in Castegnato (Brescia, Italy) that specialises in the design and production of
water pumps for the automotive aftermarket sector (cars and light commercial vehicles). The
acquisition of this company, which operates in the same market segment, will reinforce Metelli
group's leadership position in the industry.
Both companies are now under the corporate control of Metelli group, which plans to enhance
synergies in terms of R&D, know-how and production. However, the companies will retain
operational, managerial and commercial independence, in continuity with the activities of the
current management, which will carry on with the development process that has been taking
place over the past years.