Stellantis has decided to sell a 50.1% stake in Comau to One Equity Partners (OEP). As a result, the American fund will become the majority shareholder of the Grugliasco-based company, which specializes in robotics and industrial automation. The deal, announced yesterday, is expected to be finalized by the end of the year. This spin-off is part of the strategic agreement made in January 2021 at the time of the merger between FCA and Groupe PSA, which created Stellantis. Although the Ministry of Enterprises and Made in Italy is considering the application of golden power, Stellantis will retain a minority stake with substantial rights. Alessandro Nasi and Pietro Gorlier will continue to serve as CEO and COO, respectively. Carlos Tavares, CEO of Stellantis, emphasized that the move "is aimed at allowing Comau to achieve greater autonomy and further boost its success, while giving Stellantis the chance to focus on its core operations in Europe."
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