EN Investors Key financialsInvestments and divestments INVESTMENTS AND DIVESTMENTS This section features information regarding corporate transactions, including acquisitions and sales. In 2001, Pirelli acquired a share in Telecom Italia S.p.A. through Olympia and became the reference shareholder until 2007 In 2005, Pirelli sold its “Cavi e Sistemi Energia e Telecomunicazioni” business (Cables and Energy Systems and Telecommunications) to Goldman Sachs In 2010, Pirelli completed its transformation into a “pure tyre company”, through the dismissal of the Pirelli Broadband Solutions business and the split from the Group of Pirelli & C. Real Estate In 2014, Pirelli sold its steelcord business to Bekaert In 2017 Pirelli completed its transformation into a “pure High Value consumer tyre company”, through the spin-off of the industrial business In 2017 Pirelli sold its stake in Prelios In 2018 Pirelli sold its stake in Mediobanca In 2018 Pirelli ceded activities in Venezuela In 2018 Pirelli closed on acquisition of 49% of new plant in China through a joint venture with the Hixih Group In 2019 Pirelli confirmed its industrial presence in Brazil and forsaw a 120 million euro investment plan for the period 2019-2021 Pirelli will convert its Standard Car tyre capacity of Bollate plant to Premium Velo tyre capacity by 2021 To learn more about Pirelli's history, click here. Last revised: 30 Mar 2020 ARCHIVE SUPPLIERS' AREA ABOUT US SUSTAINABILITY GOVERNANCE INVESTORS MEDIA CAREER INSTITUTIONAL RELATIONS Copyright © 1995 - 2021 Pirelli & C. S.p.A. - P.IVA: 00860340157 Legal Information Privacy Company Info Cookie Policy Contacts IMPORTANT INFORMATION ABOUT COOKIES This website uses third-party profiling Cookies in order to send you advertisements corresponding to your preferences. If you would like to obtain more information or refuse your consent to use of all or some of the Cookies, you may consult our Cookie Policy. By closing this banner or continuing to browse on our website and access any part of it, you consent to the use of Cookies. AcceptDecline