Punch Torino, the Italian division of the Belgian conglomerate PUNCH Group, specialized in the development of low-emission propulsion systems and already active in hydrogen mobility solutions , has announced that it has finalized an agreement to acquire the Pisan company Vitesco Technologies Italy, present for over 35 years in injection technologies, which will be integrated into the PUNCH group by the end of the year.
The Tuscan company, formerly Continental, has more than 900 employees and – reconstructs the Turin edition of Il Corriere della Sera – had specialized in petrol injectors. However, the electric turnaround of the automotive market hampered expansion projects, with consequent redundancies, and the path of conversion towards products for internal combustion engines with zero emissions was then undertaken.
"Vitesco Technologies Italy represents a fundamental step in the PUNCH strategy because it will allow the group to further expand its verticalization in the development of all those components necessary to produce the next generation of internal combustion engines" said Guido Dumarey, founder and President of the group PUNCH, again according to the news of Il Corriere. “Thanks to the acquisition of Vitesco we will be able to develop even more integrated and advanced solutions for our customers and technological partners. Their petrol-injector know-how will accelerate the development of a new generation of hydrogen injection systems which, combined with our group's experience in the development of engines, transmissions and electronic controls, will lead to a revolutionary solution for fuel-injectors. internal combustion,
