Go to deals
Automotive

Landi Renzo S.p.A has acquired a 49% stake in Metatron S.p.A.

Landi Renzo S.p.A has acquired a 49% stake in Metatron S.p.A.

With a presence in over 50 countries and approximately 80% of export sales, Landi Renzo Group is a major player in the international market of technologies that allow more ecological mobility. Founded in 1954 and headquartered in Court Tegge, Italy, the group designs, produces and sells components and alternative vehicle power systems. It has two types of customers: car manufacturers (OEM) and retailers, and independent importers and aftermarket. The group also operates under the brands Lovato, AEB and Emmegas, with a distinct product mix depending on the countries. Through the company Safe&CEC S.r.l. (51% ownership), Landi Renzo Group is also active in the construction of CNG petrol stations.

Metatron is engaged in the research, development, production and marketing of pressure regulators and engine control units for alternative fuels. The company is a leader in the supply of components for gas and hydrogen mobility in the mid and heavy-duty segment, both in Europe and China, where it has a long-standing relationship with the main sector players. In 2019 and 2020, Metatron’s turnover amounted to US$34 million and US$31.7 million respectively, with a consolidated yearly average adjusted EBITDA of US$4.6 million. Turnover for 2021 is expected to amount to approximately US$29 million.

Oaklins’ team in Italy assisted Landi Renzo throughout this transaction.

Service
M&A buy-side
Parties

Talk to the deal team

 Alessandro  Erbanni

Alessandro Erbanni

Managing Director
Milan, Italy
Oaklins Italy
 Orazio  Bocchieri

Orazio Bocchieri

Associate Director
Milan, Italy
Oaklins Italy

Related deals

Inchcape has acquired 70% of Ditec Chile
Automotive

Inchcape has acquired 70% of Ditec Chile

The shareholders of Ditec Chile have sold a 70% stake in the company to Inchcape (LSE: INCH).

Learn more
MPS Bilskade has been acquired by Cary Group
Private Equity | Automotive

MPS Bilskade has been acquired by Cary Group

The private shareholders of MPS Bilskade AS have sold a 100 % stake in the company to Cary Group AB, backed by Nordic Capital.

Learn more
Nitto Denko Corporation has sold certain assets of Nitto Switzerland to ZF Friedrichshafen AG
Automotive | Other Industries

Nitto Denko Corporation has sold certain assets of Nitto Switzerland to ZF Friedrichshafen AG

Nitto Switzerland is the global market leader in specialized adhesive films for side curtain airbags. Its products outperform other technologies in terms of gas tightness, heat resistance and thickness, as well as adhesiveness to the airbag fabric. The technology is patented and has been sold together with other assets to ZF Friedrichshafen AG in the course of an asset deal.

Learn more