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Comer Industries S.p.A. transfers to Euronext Milan

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  • 10th listing of 2023 on Euronext Milan
  • Comer Industries is the 28th firm to move from Euronext Growth Milan to Euronext Milan ​​​​​​​

Milan – 12 July 2023 – Borsa Italiana, part of the Euronext Group, today congratulates Comer Industries S.p.A. on its transfer from Euronext Growth Milan to Euronext Milan.

The Comer Industries Group is active in the design and manufacture of advanced engineering and mechatronic solutions for power transmission, targeting its offerings to the agricultural, industrial, construction and mining sectors. It also operates in the wind power and electric vehicle motors and transmissions sectors.

Comer Industries S.p.A. represents the tenth admission since the beginning of the year on Euronext Milan and the twenty-eighth firm to move from Euronext Growth Milan to Euronext Milan.

Matteo Storchi, Chairman and CEO of Comer Industries, said: “We are proud of today’s admission on Borsa Italiana’s Main Market as it is testament to the great results achieved by our company and confirms our position in the Italian premium industry. The transfer to Euronext Milan is a further fundamental step in our strategic journey and will be a source of new energy in view of the paths of further development that our Group has planned for the years to come.”    

Come Industries

Caption: Matteo Storchi, Chairman and CEO of Comer Industries, rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.   

Comer Industries S.p.A.

Comer Industries, with registered office in Reggiolo (Reggio Emilia, Italy) and listed on Borsa Italiana’s Euronext Milan market, Euronext Group, is the world leader in the design and manufacture of advanced engineering systems and mechatronic solutions for power transmissions. The company operates in the fields of agricultural machinery, construction, wind power, and electric vehicle motors and transmissions. Founded in 1970, Comer Industries has grown over the years and today has 18 production sites worldwide and around 4,000 employees. Corporate website: www.comerindustries.com.

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €7.1 trillion in market capitalisation as of end March 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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