Headquartered in Ceriano Laghetto near Milan, Italy, Gianetti is the third largest steel wheel producer to Europe's leading commercial vehicle manufacturers. Gianetti looks back on a corporate history of more than 130 years and produces high-quality steel wheels with diameters from 16″ to 24″ for trucks, buses and trailers. The company is known for its innovative products; e.g. with its newly developed lightweight steel wheel, commercial vehicle manufacturers manage to reduce vehicle weight and emissions while increasing fuel economy and payload at the same time.
Mr. Goran Mihajlovic was appointed as Ginaetti Ruote's new CEO and Chairman of the Board. Together with the incumbent local management team, he will manage the daily operations at Gianetti. Mr Mihajlovic has a vast manufacturing and management experience in Italy and other European countries and previously held senior positions in (a.o.) Italy OM Carrelli Elevatori (Italy) and STILL Forklift Trucks (Germany).
Steffen Görig, CEO and founder of Quantum comments: "Gianetti is a renowned and innovative Company with a long-standing history. Being the third largest supplier of commercial vehicle steel wheels in Europe, the company holds a unique market position and provides innovative products to the commercial vehicle manufacturers. Especially with the recently developed lightweight wheel, we anticipate strong growth and increased market shares for the company. We look forward to support Gianetti on this path to realize its full growth potential."
About Quantum: QCP is a manager of funds who invests in corporate carve-outs and other special situation across Europe (the Quantum Group). The QCP operations are managed through its Munich Headquarters, as well as its offices in Milan and Madrid. Quantum Group acquires companies with significant potential for operational improvements, growth and development. As an active and responsible owner, Quantum Group works closely with local management to ensure that its subsidiaries implement a continuous development plan and growth strategy. Since its inception in 2008, the Quantum Group has acquired a variety of businesses from world-leading companies such as Robert Bosch, Stora Enso, Dürr, Airbus, Nestlé, Mahle, Tenneco and Norsk Hydro. With 22 completed acquisitions since 2014, the Quantum Group is one of the most active investors in its sector.