PrimoTECS
Automotive supplier
PrimoTECS is a supplier of components for various products in engine, transmission and driveline sectors, supporting mobility.
PrimoTECS is part of the Mutares portfolio since 2020. The company manufactures components for use in electric, hybrid and conventional drives at two production sites in northern Italy. The company has established itself as a well-known, profitable supplier in the automotive sector, as well as in the truck industry and related sectors. The system supplier generated approximately EUR 72 million in revenues in 2020 with its approx. 670 employees.
Strategy
With the new name PrimoTECS introduced in February, which stands for mobility, transmissions, engine components and solutions, the company focuses on the further development of its current business, the use of the know-how it has acquired and the intensification of cooperation with customers, supported by the Mutares inhouse operative consulting team.
Portfolio Information
| Headquarters | Villar Perosa, Italy |
|---|---|
| Seller | Tekfor Group |
| Year of Acquisition | 2020 |
| Revenues | EUR 70 Mio. |
| Segment | Automotive & Mobility |
