# HB4 acquires majority stake in Reinova

HB4 Holding, controlled by the Bruno family, has acquired a majority stake in Reinova, an Italian developer of hybrid and electric powertrain components. The deal includes a €4 million capital increase and Reinova's transformation into a joint-stock company.

- Type: Acquisition
- Announced: 2024-02-14
- Where: Soliera, Italy
- Value: $4.30M (4.00M EUR)
- Status: completed
- Products: hybrid and electric powertrain components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [HB4 Group](https://endata.com/companies/72459.md) (acquirer)
- [Reinova](https://endata.com/companies/75648.md) (target)
- [Gruppo Bruno](https://endata.com/companies/75649.md) (acquirer)

## Sources

- [energia-plus.it](https://energia-plus.it/reinova-ingresso-strategico-gruppo-hb4_99722/), 2024-02-14: "Grazie ai soci di ReiLab che hanno investito inizialmente nella Società e all’impegno di tutto il personale, oggi Reinova è solida, affermata, e pronta – dopo l’ingresso in un Gruppo come HB4 – alla sua espansione sul mercato internazionale."

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