Accelleron to acquire Officine Meccaniche Torino
Accelleron has announced that it has reached an agreement to acquire Officine Meccaniche Torino S.p.A. (OMT), the leading fuel injection system supplier for marine engines. The acquisition - in the high double-digit million EUR range - is expected to be completed within the next few weeks.
OMT serves engine builders with high precision fuel injection equipment with a focus on marine propulsion. It has about 250 employees, mainly based at its Italian headquarters. It achieved revenues of approximately EUR 52 million in 2022, of which the majority was generated through service-related demand and has a margin profile of above 20% EBIT.