Marelli Europe
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Template:Use dmy dates Marelli Europe S.p.A. (formerly Magneti Marelli S.p.A.) is a European subsidiary of Marelli Holdings which develops and manufactures components for the automotive industry. The firm is headquartered in Corbetta, Italy, and includes 86 manufacturing plants, 12 R&D centres, and 26 application centers in 19 countries,[1] with 43,000 employees and a turnover of 7.9 billion euros in 2016.[1]
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Subsidiaries and brands of the company include AL-Automotive Lighting, Carello, Cromodora, Cofap, Ergom Automotive, Jaeger, Mako Elektrik, Paraflu, Securvia, Seima, Siem SpA, Solex, Veglia Borletti, Vitaloni, and Weber.
History
Founded in 1919 as Fabbrica Italiana Magneti Marelli (FIMM), a joint-venture between Fiat and Ercole Marelli (1891–1993), an Italian electrical manufacturing company, the firm initially made ignition magnetos for the automotive and aviation industries, with its first plant in Sesto San Giovanni near Milan.
It was a subsidiary of FIAT (now Stellantis) from 1967 onwards.
On 22 October 2018, FCA announced that Magneti Marelli was being bought by KKR, to be merged with the Japanese automotive company Calsonic Kansei for $7.2 billion, a deal that would create one of the world's largest auto parts suppliers.[2][3]
In May 2019, Magneti Marelli and Calsonic Kansei merged to form Marelli.[4]
Current work
since 2019[update]Template:Dated maintenance category (articles)Script error: No such module "Check for unknown parameters"., Magneti Marelli deals with intelligent systems for active and passive vehicle safety, and with powertrain systems. Business lines include automotive lighting systems, body control systems, powertrain control systems, electronic instrument clusters, telematics systems, and computers, suspension systems and components, exhaust systems, and motorsport, wherein Magneti Marelli develops specific electronic systems for Formula One,[5] Grand Prix motorcycle racing and the World Rally Championship.Script error: No such module "Unsubst".Script error: No such module "Check for unknown parameters".
Magneti Marelli worked with Ford Motor Company and Microsoft (Windows Embedded Automotive, formerly Microsoft Auto), to develop an in-dash computer (carputer) for Ford's work truck division introduced in 2008, with a built-in 6.5-inch, high-resolution touch screen and Bluetooth, USB connectivity, GPS navigation, voice recognition, and general office applications, e.g., word processing, contact, and calendar.[6] In 2023, Magneti Marelli fired 140 workers at its Niehl plant near Cologne, Germany. [7]
See also
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References
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External links
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Template:Kohlberg Kravis Roberts Template:Automotive industry in Italy Template:Authority control
- Pages with script errors
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- Auto parts suppliers of Italy
- Technology companies established in 1919
- Italian companies established in 1919
- Italian brands
- Multinational companies headquartered in Italy
- Manufacturing companies established in 1919
- 2019 mergers and acquisitions
- Kohlberg Kravis Roberts companies
- Companies formerly listed on the Borsa Italiana
- Companies based in Lombardy