It’s official, as we learn from the press release from the Emilia-Romagna Region, which has territorial jurisdiction over the Italian engine company: Marval has acquired VM Motori. The name of the Turin-based company had been circulating in 2024, although we did not explicitly mention it, in the interest of confidentiality during a delicate phase of the negotiations.

Marval’s Acquisition of VM. Stellantis is out

With a presence in the market for almost three-quarters of a century, Marval specializes in the precision machining of internal combustion engine components. The company has mastered technologies for both cast iron and aluminum for industrial mobile applications and is also embracing the prospect of battery packs for both fully electric and hybrid solutions.

Marval’s interest in VM Motori never waned. However, during the summer of 2024, the sale to the Azzurra Capital fund materialized. Among the components that Marval is skilled in, many are shared with VM, including engine blocks, cylinder heads, camshaft caps, bedplates, general supports, bearing seats, intake and exhaust manifolds, and transmission and brake components.

Comments from the Emilia-Romagna Region

This is a very hot topic. We are currently reporting on the comments from the Emilia-Romagna Region, which has been following the matter closely, while awaiting official statements from Marval and VM Motori.

Vincenzo Colla, the Region’s Vice President for Economic Development, in concert with the Regional Councilor for Labor, Giovanni Paglia, and the Mayor of Cento, Edoardo Accorsi, stated:

A new page is opening on which to write a new future for VM Motori in Cento, a key manufacturing company for Emilia-Romagna. This is an operation that the Region and the Municipality have followed from the negotiations through to today’s transfer to Marval, and we hope it will have both a positive social and employment impact, with the prospect of relaunching the company.

They added:

We will carefully evaluate the industrial plan and its ability to open up new development prospects for a fragile area of our region. In any case, we are talking about an industrial-type operation that involves a Group with global experience in the sector. We are confident that new market prospects will open up, working in different sectors and through international business relationships with a wider range of clients.”

Highlights

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