Company type | Subsidiary |
---|---|
Industry | Automotive |
Founded | 1919 |
Founder | Fiat and Ercole Marelli |
Headquarters | Corbetta, Italy |
Key people | Ermanno Ferrari (CEO) |
Products | Automotive components |
Revenue | € 7.3 billion (2015)[1] |
Owner | KKR[2] |
Number of employees | 40,500 (2015)[3] |
Parent | Marelli Holdings |
Subsidiaries | AL-Automotive Lighting Weber |
Website | www |
Marelli Europe S.p.A. (formerly Magneti Marelli S.p.A.) is a European subsidiary of Marelli Holdings which develops and manufactures the components for the automotive industry. The firm is headquartered in Corbetta, Italy, and includes 86 manufacturing plants, 12 R&D centres, and 26 application centers in 19 countries,[3] with 43,000 employees and a turnover of 7.9 billion euro in 2016.[3]
Subsidiaries and brands of the company include AL-Automotive Lighting, Carello, Cromodora, Cofap, Ergom Automotive, Jaeger, Mako Elektrik, Paraflu, Securvia, Seima, Siem SpA, Solex, Veglia Borletti, Vitaloni, and Weber.