Reality specialized in the design and manufacturing of advanced engineering systems and mechatronic solutions, Comer Industries enters the market of motors and transmissions for electric vehicles due to the full takeover of Benevelli Electric Powertrain Solutions and Sitem Motori Elettrici, specialized in the design, prototyping and manufacturing of transmissions and motors for electric vehicles.
The two realities taken over are deeply rooted into the Emilian territory and together they count 65 years of entrepreneurial history in the sector of motors and transmissions for electric vehicles.
Since their foundation, the enterprises have scored an important growth that is likely to last and to increase, due to the attractiveness of a market in strong expansion.
For Comer Industries, the takeover of Benevelli Electric Powertrain Solutions and Sitem Motori Elettrici pursues a double target: first of all, growing in a great expansion market, by enriching the range of offered products through investments in forefront sustainable technologies; secondly, preserving the value of the Italian excellence in the engineering industry.
The operation occurs precisely one year after the signature of the agreement for the 100% takeover of the German Walterscheid, among the top players in the sector of the industry of propulsion systems and services for Off-Highway and industrial applications.
“I am proud of announcing this operation that concerns two excellences in a strongly expanding market, like electric vehicles’” comments Matteo Storchi, President and Managing Director of Comer Industries. “Entering the market of motors and transmissions for electric vehicles means offering a complete range of products and technologies in constant evolution” Storchi adds.
Here are instead the words by Alberto Benevelli, Managing Director of Benevelli Electric Powertrain Solutions: “Becoming part of Comer Industries Group is a reason for great satisfaction for us. Investing in territory’s realities means preserving the value of the Italian character in the engineering sector to make our ranking further grow in the emerging sector of transmissions for electric vehicles.
