# Landi Renzo and Clean Energy combine compressor businesses in 51-49 joint company

Landi Renzo and Clean Energy Fuels will combine their compressor manufacturing subsidiaries into a new standalone company, with Landi Renzo owning 51% and Clean Energy 49%. Closing is anticipated before the end of 2017, and the combined company will be headquartered in San Giovanni Persiceto, Italy.

- Type: Acquisition
- Announced: 2017-11-27
- Where: San Giovanni Persiceto, Italy
- Status: announced
- Products: natural gas compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Landi Renzo](https://endata.com/companies/1044.md) (partner)
- [Clean Energy Fuels](https://endata.com/companies/2463.md) (partner)

## Sources

- [investors.cleanenergyfuels.com](https://investors.cleanenergyfuels.com/news-events/press-releases/detail/151/landi-renzo-and-clean-energy-combine-compressor-businesses-setting-up-a-new-global-powerhouse), 2017-11-27: "Landi Renzo will own 51% of the new company and take over operational management, while Clean Energy will retain a 49% ownership."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.