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Landi Renzo €26.6m Acquisition of Metatron S.p.A. Strengthens its Position in Hydrogen Moblity

By August 9, 2021 2   min read  (238 words)

August 9, 2021 |

Fuel Cells Works, Landi Renzo €26.6m Acquisition of Metatron S.p.A. Strengthens its Position in Hydrogen Moblity

Agreement between Landi Renzo S.p.A. and Italy Technology Group for the acquisition of Metatron S.p.A., a leading company at international level in the sector of natural gas and hydrogen components for the Mid & Heavy Duty segment.

With this transaction, the LandiRenzoGroup strengthens and accelerates its strategy aimed at positioning itself as a leader in the supply of systems and components for natural gas and hydrogen mobility in the Mid&Heavy Duty segment — which is forecasted to grow sharply and constantly in the coming years —, and is preparing to offer comprehensive solutions for the hydrogen economy of the future.

StefanoLandi, President of Landi Group Renzo, commented: “We are very pleased to have signed this important agreement with Metatron, with whom we share not only our local identity but also strong technical and technological expertise in systems for alternative fuel mobility and a broad-based presence at the international level. We welcome into our Group a company that has always had a leading position in its sector, with a broad, innovative product portfolio and top-tier management.”

Musi Cristiano, Chief Executive Officer of Landi Renzo S.p.A. “By combining the expertise and product ranges offered by Landi Renzo and Metatron, we can offer our customers the most innovative, cutting-edge solutions for the global gas and hydrogen mobility in the hydrogen economy of the future, not only in the automotive sector, but also in naval and rail applications.”

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