Iveco Group makes its debut on the Stock Exchange, after a spin off of Cnh Industrial

Balances start, turnover of 4.2 billion (ANSA)

(ANSA) – TURIN, 03 JAN – Today, on Euronext Milan, negotiations have begun on the shares of Iveco Group, the new nagto group from the demerger of the Commercial & Specialty Vehicles (Commercial and Special Vehicles), Powertrain and related Financial Services activities by Cnh Industrial.

“Our first day of listing marks a historic milestone as we become a completely independent company. We have all the prerequisites for long-term success, starting with a solid foundation, a motivated team and a clear strategy. they will allow us to move quickly, innovate and forge partnerships to develop the best solutions in the current rapidly evolving context “, said CEO Gerrit Marx who rang the traditional bell at the opening in Milan on the occasion of the first day of the Iveco Group listing. , Iveco Group has more than 170 years of history in the sector thanks to its brands, from commercial vehicles to buses, from fire-fighting and civil protection vehicles to powertrain solutions for on-road and off-road, boating and energy generation .

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Source From: Ansa

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