|Fiat Industrial SpA
|legal form||Società per Azioni|
|Reason for dissolution||Merger to form CNH Industrial|
|Seat||Turin , Italy|
|Number of employees||68,257 (2012)|
|sales||EUR 25.8 billion (2012)|
|Branch||Commercial vehicles , agricultural engineering|
The Fiat Industrial SpA was an Italian manufacturer of trucks , construction machinery , agricultural machinery and engines , based in Turin . The company was listed on the stock exchange and was created in 2010 in connection with the split of the Fiat group into the industrial and automotive parts.
The company was not identical to Fiat SpA . However, close business relationships existed historically and as a result of cooperation.
At the end of 2010, the old Fiat group was split up into the new Fiat SpA and Fiat Industrial SpA . The previous owners received one share in the two new companies for each old share. Fiat Industrial has been listed on the stock exchange since January 2011. In November 2012 it was announced that Fiat Industrial will merge with CNH Global . At the end of 2013 the two companies merged to become CNH Industrial .
Fiat Industrial was primarily a holding company for the independently operating subsidiaries.
The truck manufacturer Iveco employs a good 26,000 people. This was created in 1975 as a merger of the truck divisions of Fiat, the Italian manufacturer Officine Meccaniche , the French manufacturer Unic and the German Magirus-Deutz AG .
At CNH Global , based in Amsterdam is Fiat Industrial been involved with 89.3%. The company was the second largest producer of agricultural machinery in the world and number three in the construction machinery industry . It employed a good 25,000 people and sells its products under brands such as Steyr , Case IH and New Holland .
Fiat Powertrain Technologies
The industrial and marine engines divisions of Fiat Powertrain Technologies were added to Fiat Industrial , while the automotive supply activities went to Fiat SpA.
|Timeline of brands that until 2013 Industrial Fiat formed|
|Fiat (truck)||to Iveco||Iveco||
(100% Fiat Industrial)
|Astra||Astra / Iveco-Astra|
(90% Fiat Industrial)
|Case IH + CE|
- Fiat Industrial SpA: Annual Report At 31 December 2012 . English, PDF, 5.4 MB. Online at fiatindustrial.com
- The stock exchange loves two fiat more than one. In: www.nzz.ch. NZZ Online, January 4, 2011, accessed on May 2, 2011 .
- http://www.finanzen.net/nachricht/aktien/Fiat-Industrial-Uebernahmeabkommen-mit-CNH-Global- 2160916