Landi Renzo Group, a company in the sector of systems and components for the natural gas, propane, and hydrogen mobility, completed the acquisition of a 49% interest in Metatron, a company that specializes in the research, development, production, and marketing of pressure regulators and engine control units for alternative fuels as well as components for hydrogen technology.
Stefano Landi, chairman of Landi Renzo Group stated, “We are very pleased to have signed this important agreement with Metatron, with whom we share not only our local identity, but also strong technical and technological expertise in systems for alternative fuel mobility and a broad-based presence at the international level. We welcome into our group a company that has always had a leading position in its sector, with a broad, innovative product portfolio and top-tier management."
“This deal will allow us to expedite implementation of our development plan in the medium- and heavy-duty segment, with an offer of natural gas, bio-methane and LNG, and hydrogen solutions,” commented Cristiano Musi, CEO of Landi Renzo Group.
“By combining the expertise and product ranges offered by Landi Renzo and Metatron, we can offer our customers the most innovative, cutting-edge solutions for the global gas and hydrogen mobility in the hydrogen economy of the future, not only in the automotive sector, but also in naval and rail applications."