Italy’s Pininfarina considering M&A for future growth - CEO

CIE Automotive India

27/05/2022 14:25

MILAN, May 27 (Reuters) - Italian design group Pininfarina
 PNNI.MI  is looking at M&A to accrue its skills in new sectors,
mainly the digital one, and widen its client base, Chief
Executive Silvio Pietro Angori said on Friday.
    "So far we have grown organically, our ambition is to now
grow externally. We have the ambition of simply becoming the
largest design company (in the world)," Angori told reporters at
a meeting at the Foreign Press Association in Rome.
    "We are carrying out a very careful analysis," he said when
asked about any ongoing talks and the possible timing of future
deals.

 (Reporting by Giulia Segreti, editing by Maria Pia Quaglia)
 ((mariapia.quaglia@tr.com; +39 06 80307737;))