Investments and Divestments

This section features information regarding corporate transactions, including acquisitions and sales.

In 2001, Pirelli acquired a share in Telecom Italia S.p.A. through Olympia and became the reference shareholder until 2007
In 2005, Pirelli sold its “Cavi e Sistemi Energia e Telecomunicazioni” business (Cables and Energy Systems and Telecommunications) to Goldman Sachs
In 2010, Pirelli completed its transformation into a “pure tyre company”, through the dismissal of the Pirelli Broadband Solutions business and the split from the Group of Pirelli & C. Real Estate
In 2014, Pirelli sold its steelcord business to Bekaert
In 2017 Pirelli completed its transformation into a “pure High Value consumer tyre company”, through the spin-off of the industrial business
In 2017 Pirelli sold its stake in Prelios
In 2018 Pirelli sold its stake in Mediobanca
In 2018 Pirelli ceded activities in Venezuela
In 2018 Pirelli closed on acquisition of 49% of new plant in China through a joint venture with the Hixih Group
In 2019 Pirelli confirmed its industrial presence in Brazil and forsaw a 120 million euro investment plan for the period 2019-2021
Pirelli will convert its Standard Car tyre capacity of Bollate plant to Premium Velo tyre capacity by 2021

To learn more about Pirelli's history, click here.

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