Marelli Europe
| Company type | Subsidiary |
|---|---|
| Industry | Automotive parts |
| Predecessor | Fabbrica Italiana Magneti Marelli (FIMM) |
| Founded | 1919 |
| Founder | Fiat and Ercole Marelli |
| Headquarters | Corbetta , Italy |
Area served | Europe, 19 countries |
| Products | Automotive lighting, body control modules, powertrain management systems, electronic instrument clusters, telematics platforms, suspension parts, exhaust components, electronics for motorsport applications |
Number of employees | 43,000 (2016) |
| Parent | Marelli Holdings |
Marelli Europe S.p.A. (previously known as Magneti Marelli S.p.A.) functions as a European branch of Marelli Holdings, focusing on the design and production of automotive parts. With its headquarters situated in Corbetta, Italy, the enterprise manages 86 manufacturing facilities, 12 research and development centers, and 26 application hubs spread across 19 nations, employing a workforce of 43,000 and generating revenues of €7.9 billion in 2016.
Its portfolio includes subsidiaries and brands such as AL-Automotive Lighting, Carello, Cromodora, Cofap, Ergom Automotive, Jaeger, Mako Elektrik, Paraflu, Securvia, Seima, Siem SpA, Solex, Veglia Borletti, Vitaloni, and Weber.
History
Established in 1919 under the name Fabbrica Italiana Magneti Marelli (FIMM), the firm originated as a joint venture between Fiat and Ercole Marelli (1891–1993). Its initial operations centered on manufacturing ignition magnetos for both automotive and aviation industries at its first facility located in Sesto San Giovanni near Milan.
In 1967, it became part of FIAT (currently known as Stellantis).
On 22 October 2018, FCA revealed plans to sell Magneti Marelli to KKR. This transaction combined Magneti Marelli with the Japanese automotive parts company Calsonic Kansei in a $7.2 billion agreement, creating one of the largest global suppliers in the sector.
By May 2019, the merger of Magneti Marelli and Calsonic Kansei culminated in the formation of the new brand Marelli,[1] establishing a stronger presence in the worldwide automotive components market.
Current work
As of 2019, Magneti Marelli's expertise lies in intelligent systems addressing both active and passive vehicle safety along with powertrain technologies. Its product range encompasses automotive lighting solutions, body control modules, powertrain management systems, electronic instrument clusters, telematics platforms, suspension parts, exhaust components, and electronics for motorsport applications. The company also produces cutting-edge electronic equipment for Formula One racing, Grand Prix motorcycle competitions, and the World Rally Championship.
In collaboration with Ford and Microsoft, Magneti Marelli developed an integrated dashboard computer for Ford's work truck division launched in 2008. This device included a 6.5-inch high-definition touchscreen display alongside features such as Bluetooth connectivity, USB ports, GPS navigation, voice control capabilities, and office software including word processing and calendar tools.
In 2023, the closure of Magneti Marelli’s Niehl manufacturing site near Cologne, Germany led to the elimination of approximately 140 jobs.
See also
External links
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