Pirelli

Company

Investment-firm

Last deal

$649.1M
Local Amount - EUR 600.M

Amount

Post-IPO Debt

Stage

22.03.2024

Date

1

all rounds

$649.1M

Total amount

General

About Company
Pirelli is a global brand that specializes in manufacturing and supplying high-quality tires for cars, motorcycles, and bicycles.

Industry

Sector :

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founded date

01.01.1872

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

With 18 production plants in 12 countries and a commercial presence in over 160, Pirelli is known for its cutting-edge technology and innovation. It is the exclusive tire supplier to the Formula 1 World Championship and has a strong presence in motorsport events. Pirelli's commitment to research and development, as well as its focus on the high-value tire market, has led to its reputation as a premium and reliable brand. The company has a portfolio of over 6,700 patents and is associated with luxury car manufacturers such as Audi, Mercedes, and BMW. In 2021, Pirelli had a turnover of about 5.3 billion euros and employed around 30,700 people.