Marangoni Meccanica spin-off from the Marangoni Group and recapitalization

Rovereto, June 14th, 2019

Marangoni Meccanica, the Italian company leader world-wide in the design and construction of new tire manufacturing equipment, is now separated from the main body of the Marangoni Group. Completely independent, the standalone entity is now able to take advantage of a substantially increased share capital, thanks to the new shareholders Caran (a company belonging to the family of Mr Giorgio Marangoni, the President of Marangoni Meccanica), La Finanziaria Trentina, (a holding company for a group of 74 local investors and entrepreneurs), and the Alto Adige Alpenring (a South Tyrolean Financial Group).