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Home > Company Index > Manufacturing > Wire & Cable > Pirelli & C. SAPA

Pirelli & C. SAPA
 NEWS FROM THE WIRES
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Aug 07 2001 10:00 AM PDT

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Aug 07 2001 10:00 AM PDT

Argentina's Perez Companc 2nd qtr net falls 33 pct
Aug 07 2001 09:55 AM PDT

ANALYSIS-Brazilian economy still safe from recession
Jul 30 2001 12:36 PM PDT

ADR Report - Japanese ADRs slump after economic report
Jul 30 2001 12:35 PM PDT

More WIRE STORIES about this company

 PROFILE
Pirelli & C. SAPA, a/k/a Pirellina, is a holding company for Italy's industrial group, Pirelli S.p.A. (Pirellona). Pirellona's Pirelli Tyre Holding subsidiary manufactures tires, while its Pirelli Cavi e Sistemi subsidiary makes cable, including fiber-optic systems and undersea cables. The group's subsidiaries operate plants in some 20 countries and maintain a marketing network across 120 countries. To a much lesser degree, it leases, manages, and appraises real estate. Pirellona's Pirelli Cavi e Sistemi subsidiary is selling its optical systems unit to Cisco Systems, while holding on to its optical fibers and cables divisions. It is also buying 11 energy cable plants from BICC General.

 COMPETITION
Alcatel (ALA)
Corning Incorporated (GLW)
The Goodyear Tire & Rubber Company (GT)

 DEALS
Deal: Cisco to Buy Pirelli
Date Announced: 12.20.99
Value of transaction (US $Mil): 2150
Description: Networking giant agrees to acquire Italian optical networking technology firm in deal worth up to $2.15 billion.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 7,247,50
1-Yr. Sales Growth: 6.0%
Employees: 42,509
Revenue per employee: $170,493,31

 KEY PEOPLE
• Marco Tronchetti Provera
    CEO

 CONTACT INFO

20123 Milan, Italy
Phone: 39-02-853-51
Fax: 39-028535-4426

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