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| October 2008 |
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Lovato (www.lovatogas.com), headquartered in Vicenza, is the world's third largest operator in the sector of LPG and CNG components and fuel systems for motor vehicles. For the financial year ended on 31 December 2007, Lovato reported sales of approximately € 39.3 million with an EBITDA, adjusted for non-recurring items, of approximately € 8.5 million. Landi Renzo (www.landi.it), Landi Renzo is a world leader in the sector of components and LPG and CNG fuel systems for motor vehicles. Based in Cavriago (Reggio Emilia) and with more than 50 years’ experience in the sector, Landi Renzo is distinguished by the sustained growth of its revenues and the extent of its international operations, with a presence in over 50 countries. Exports account for about 70% of its sales. Landi Renzo S.p.A. has been listed in the STAR segment of Borsa Italiana since June 2007. |
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