Stellantis completes the sale of Comau

Stellantis will close its van factory in Luton in 2025

(Finance) – Stellantis announced today that One Equity Partners (“OEP”), a middle-market private equity firm, has completed its majority investment in Comau, a global technology company specializing in industrial automation and advanced robotics. This operation represents a significant step for Comau, promoting its growth in economic and technological terms.

Furthermore, thanks to this operation Stellantis will have the opportunity to focus on its core activities in Europe.

“I want to express my gratitude to Comau employees for providing innovative products and services to all of its customers,” said Stellantis Chairman John Elkann. “I am confident that Comau, through its new ownership, has the right leadership, the strategy and operational discipline necessary to create sustainable, long-term value for all its stakeholders, in Italy and around the world”.

“Comau has been able to constantly renew its innovation and business strategies, developing new technological solutions
with which to respond to constantly evolving market dynamics thanks to its over fifty years of experience in the markets
international”, commented Pietro Gorlier, CEO of Comau. “The completion of this operation represents another step
fundamental in Comau’s growth path. The support of One Equity Partners will allow us to capitalize on the growing global demand for advanced automation, with Stellantis as an active minority shareholder. This operation protects our strong Italian roots, reaffirming Comau’s position as a global player in the industrial automation sector, as well as in a growing number of different sectors”.

“Comau is a leading industrial automation company with significant growth potential and leading robotics technology
high level,” said Ante Kusurin, Partner at One Equity Partners. “OEP has the resources needed to support the
Comau’s next phase of growth as an independent company, thanks to its proven experience in the sector and its consolidated
operational playbook for carve-out transactions”.

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