CMD the engine manufacturer’s future moves through Italy: 100% of capital reacquired
The operation was made possible thanks to the contribution of Giorgio and Mariano Negri, co-founding partners and architects of the shareholding restructuring. This move relaunches one of Southern Italy's most well-structured industrial entities
CMD, an Italian company founded in 1989 and leading the way in the design and prototyping of advanced propulsion technologies, has completed a major reverse buyout, returning 100% share control to Italian hands. An operation that marks the return to Italian hands of a company known on these pages primarily for its marine engines (for which AS Labruna is the distributor). Loncin’s interest also stemmed from the company’s aerospace activities.
The purchase of 67% of the capital previously held by the Chinese multinational Loncin Motor Co. Ltd. – entered CMD’s shareholding in 2017 to support its global expansion – marks a return to the fully Italian industrial identity, strengthening the company’s strategic autonomy and long-term vision.
Words from CMD’s owners
The entrepreneurs Giorgio and Mariano Negri, already co-founders and architects of the share restructuring, explained the meaning of this choice in a complex global context: “Bringing the decision-making and industrial centre back to Italy means reaffirming an identity built in more than fifty years of history and creating the best conditions for facing the technological and industrial challenges of the coming years”, said entrepreneur Mariano Negri , now President and CEO, who leads a new Board of Directors assisted by his cousin Giorgio Negri and their children. “We choose to remain anchored in the South, to our origins – continues the President – and in particular to Basilicata, which in a complex historical phase proves to be a land of industrial rebirth, skills and opportunities. Here we want to continue investing and working, offering a concrete perspective of growth for local communities and for present and future generations.”
About CMD
With the closure of the operation in Caserta, the heart of management and R&D activities, the company is preparing to participate in the main international fairs in 2026, consolidating its role as a global industry leader. “We choose the future with a clear industrial vision,” says Giorgio Negri, “focusing on the company, skills, people and our strongly Italian soul.»
The transaction also entailed a significant increase in the share capital, from EUR 16.8 million to EUR 25.9 million: a real injection of capital made directly by the family, demonstrating full confidence in the industrial project and growth prospects.
