# Carraro signs €420M axle supply deal with INEOS Automotive

Carraro Group signed a strategic supply agreement with INEOS Automotive to supply front and rear axles for the new off-road vehicle Grenadier, with a total value of over €420 million over 10 years.

- Type: Contract
- Announced: 2019-12-04
- Value: $464.0M (420.0M EUR)
- Status: announced
- Products: front and rear axles for off-road vehicle
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Carraro Group](https://endata.com/companies/5582.md) (supplier)
- [INEOS Automotive](https://endata.com/companies/38068.md) (customer)

## Sources

- [carraro.com](https://www.carraro.com/en/financial-data/investor-relations-before-delisting/financial-news/post/carraro-will-be-board-new-road-grenadier), 2019-12-04: "A strategic supply agreement with INEOS Automotive was signed in the past few hours."

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