Marangoni Meccanica spins off from Marangoni Group

Tire manufacturing equipment maker Marangoni Meccanica, is now separate from the Marangoni Group. Completely independent, the standalone entity is now able to take advantage of a substantially increased share capital, thanks to new shareholder Caran (a company belonging to the family of Giorgio Marangoni, the president of Marangoni Meccanica), La Finanziaria Trentina, (a holding company for a group of 74 local investors and entrepreneurs), and Alto Adige Alpenring (a South Tyrolean financial group).