Pirelli logo — POWER IS NOTHING WITHOUT CONTROL

Pirelli

POWER IS NOTHING WITHOUT CONTROL

Founded 1872 Italy Italy 13995 employees Post Ipo Debt Total: $600.00M Manufacturing

General Information

Company Name Pirelli
Founded Year 1872
Location Italy Italy +26
Employees 13995
Industries Manufacturing
Funding Stage Post Ipo Debt
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About Pirelli

Pirelli is a manufacturing giant, founded in Italy in 1872. The company has established itself as a global brand renowned for its cutting-edge technology, production excellence, and Italian roots. With 18 production plants in 12 countries and a commercial presence in over 160 countries, Pirelli boasts a workforce of about 30,700 employees and generated a turnover of approximately €5.3 billion in 2021. Pirelli's commitment to research and development is evident in its substantial investment, around 6% of its revenues from High Value products, one of the highest levels among major tyre producers. The company's focus on open innovation has resulted in a portfolio of over 6,700 patents and engagement of 2,000 people in R&D across 12 technology centers. Moreover, Pirelli's technological excellence is fortified by its active involvement in over 350 car and motorcycle sport events. The company has been the exclusive tyre supplier to the Formula 1© World Championship since 2011 and will continue as the sole Global Tyre Partner until 2024. This sustained participation in motorsports has augmented the brand's reputation for safety, reliability, and innovation. Pirelli's brand stands as an international icon symbolizing technology and Italian excellence, associated with exclusivity, luxury, and a supplier to luxury car manufacturers. Additionally, the company's involvement in cultural and artistic projects and community initiatives has amplified the strength and reputation of the brand. Overall, Pirelli's massive €600.00M Post-IPO Debt investment in March 2024 underlines its enduring commitment to innovation, technological advancement, and growth in the global market.

Taxonomy: tire manufacturing, high-end production, technology innovation, motorsports, performance tires, safety and reliability, Italian excellence, global brand, luxury car manufacturers, smart manufacturing, global presence

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Debt •••••• - 22 Mar 2024

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FAQ About Pirelli

POWER IS NOTHING WITHOUT CONTROL
Pirelli was founded in 1872.
Pirelli is headquartered in Italy.
Pirelli operates in the following industries: Manufacturing.
Pirelli has approximately 13995 employees.
Pirelli has completed 1 funding round, raising a total of $600.00M. The latest funding stage is Post Ipo Debt.
Top alternatives and competitors to Pirelli include Worldchefs - World Association of Chefs' Societies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pirelli and Worldchefs - World Association of Chefs' Societies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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