Marelli still in trouble for bad accounts.
21/07/2025
The auto components group, born from the merger between Magneti Marelli and Calsonic Kansei, at the center of a double turn: the American private equity fund aims to sell to Motherson. Objective: to restructure 4.2 billion in debt and guarantee production continuity. 6,000 Italian workers and a century of industrial know-how appear to be hanging in the balance.
After turbulent years, marked by changes of ownership and attempts at relaunch, the industrial group born from the merger of Magneti Marelli and Calsonic Kansei could change sides again.
According to several undeniable rumors, the American fund Kkr, the current owner, is in advanced negotiations with Samvardhana Motherson International Ltd (Samil), an Indian giant in the automotive components sector with a turnover of 12 billion euros and 129,000 employees. The agreement — according to what has emerged — would involve a zero-cost operation for the buyers, with the assumption of approximately 20% of Marelli's debt (equal to 4.2 billion overall) and a capital increase of 700 million euros, essential to guarantee business continuity. The latest piece of the story: on June 7, Marelli Holdings USA requested access to Chapter 11, the American judicial procedure (in some respects similar to our preventive agreement) that allows the restructuring of the debt - equal to 4.2 billion euros - to guarantee the operational continuity of the group. Marelli is much more than a name in automotive components: it is a precious piece of Italian industrial history, born within the Fiat-Agnelli galaxy and a protagonist for decades of technological and productive development in the automotive sector. Founded in 1919 by Ercole Marelli, it has helped shape the evolution of the automobile in Italy and around the world.
With innovations in lighting systems, powertrain, control electronics and infotainment, Marelli has marked fundamental milestones in the modernization of the automotive supply chain. Some of its solutions have been adopted by global manufacturers such as Ferrari, Maserati, BMW, Mercedes-Benz and Toyota. Its know-how in hybrid systems and power electronics still places it among the most technologically advanced suppliers in the sector. Marelli has also played a pioneering role in the integration of electronics in vehicles, developing electronic control units and embedded software capable of managing increasingly complex functions.
Link in bio >https://www.industriaitaliana.it/marelli-kkr-motherson-chapter-11-automotive-componentistica/
