Comer Industries and Nabtesco: form the Italian Po Valley to the Land of the Rising Sun
Comer Industries to acquire the 70% of the Hydraulic Equipment unit of Nabtesco Corporation, a leading Japanese global engineering conglomerate

Comer Industries announced a new milestone in its growth path with a binding agreement for the acquisition of 70% of the Hydraulic Equipment unit of Nabtesco Corporation, a leading Japanese global engineering conglomerate listed on the Tokyo Stock Exchange.
Comer Industries is therefore continuing its growth process outside of Europe, a path that began with its 2021 acquisition of 100% of the German Walterscheid Powertrain Group.
Nabtesco ‘s Hydraulic Division to Strengthen Comer Industries’ Global Vision
With a global turnover of around €272 million pro-forma and around 800 employees, the Hydraulic Equipment division is strong with a small and large product portfolio that includes motors, control valves, piston pumps and other components for a wide range of applications in construction, agriculture, mining, road, marine and special vehicles.
The transaction has an important industrial rationale: after achieving a leading position in mechanical and electrical technologies, Comer Industries strengthens its fully proprietary hydraulic technology portfolio by further expanding its international presence with four Nabtesco new production facilities in Japan, China and Thailand.
A long term vision
The investment is once again the result of a long-term vision and the firm will of shareholders and management not to interrupt, even in a challenging international context, investments capable of providing lasting value for the Group, resources, customers and all stakeholders. The Group closed the first half of the year with revenue at EUR 447.2 million (-15.8% y/y) and EBITDA at EUR 71.8 million (vs. EUR 90.2 million as at 30 June 2024). The numbers still reflect the overall market trend, which is suffering from a decline in demand in the agricultural sector.