Milestones – Our history

Showcasing how CLN developed from a two-employee company soon after the end of II World War to an international player in the steel business.
CLN Group
1948
Mario Magnetto and Anna Reinaudo at the very beginning of their marriage and entrepreneurial adventure.
CLN Group | 1948 - Foundation
CLN Group
1948
In 1948, Mario Magnetto (1919-2002) gives birth to his first steel company called MAFEM (Materiali Ferrosi Edili & Meccanici) in Turin, which deals with the processing and trade of sheet metal. The company has two employees besides the owner and his wife, Anna Reinaudo, who takes care of administration.
CLN Group
50s
Years after its birth, activities begin as Service Centre for trade and processing of coils for leading manufacturers of household appliances. Staff size grows from 22 to 38. The main supplier is the Italsider-Ilva Group.
CLN Group
1967
Mario Magnetto with his iconic bicycle at the Caselette plant years later the foundation in 1967.
CLN Group | 1967 - Mario Magnetto
CLN Group
1967
CLN Sas (Coils, Lamiere, Nastri) starts out with 500,000 Italian Lira share capital. The activity is transferred to the new plant in Caselette, Turin. Months later it changes its business vehicle into C.L.N. S.p.A. with a 1,000,000 Lira share capital.
CLN Group
70s
The international development strategy starts, giving birth to a chain of alliances that today makes CLN stand out as one of the world’s leading steel processing groups. The joint ventures with two Japanese giants - Sumitomo and Mitsubishi – for the supply of hot rolled coils are defined and signed. During the same period CLN became the major client of the French Group Usinor for flat products (Usinor became Sollac in 1990, then Arcelor in 2002 and ArcelorMittal in 2006). Mario Magnetto makes important acquisitions in Italy in stamping vehicle components and panels business.
CLN Group
1970
CLN acquires DELFO.
CLN Group
1974
CLN starts working with current ArcelorMittal, the world's leading integrated steel and mining company.
CLN Group
1978
M.A.C. (Metallurgica Assemblaggi Carpenterie) is set up in Turin and later becomes one of FIAT’s main suppliers.
CLN Group
1989
Sollac Group enters into CLN with a minority shareholding (35%).
CLN Group, MW Division
1990
Mario Magnetto inaugurates a new 4500T press at Cascine Vica in 1995.
CLN Group | Mario Magnetto 1995
CLN Group, MW Division
1990
CLN Group acquires Fergat in Rivoli - Cascine Vica in Turin.
MW Italia is set up.
CLN Group, MW Division
1991
CLN acquires CMR in Rho in Milan.
CLN Group
1992
CLN acquires Ferrero A&C in Buriasco.
CLN Group, MW Division
1992
CLN acquires Gianetti Ruote in Ceriano Laghetto (MB) near Milan.
CLN Group, MA Division
1992
The OSL plant opens in Melfi for the stamping and assembly of passenger and commercial vehicles produced by the Fiat Auto Group.
MA is set up.
CLN Group, MA Division
1995
M.A.C. (Metallurgica Assemblaggi Carpenterie) moves its quarters to the former Lancia plant in Chivasso
CLN Group
1996
Among the many successes, Mario Magnetto is nominated Cavaliere del lavoro (Order of Merit for Labour) by the President of the Italian Republic.
CLN Group | 1996 - Mario Magnetto Cavaliere del lavoro
CLN Group
1996
CLN opens a new plant in Alpignano (Turin).
Magnetto starts negotiations with Sobieslaw Zasada Centrum Company to buy the Fabbrica Veicoli Speciali’s majority shares.
CLN Group, MA Division
1997
CLN opens new stamping facilities: one in Polonia (Kielce) and four in France (Villers-la-Montagne, Reims, Beauchamp and Aulnay). Magnetto concludes a contract with Heuliez Group in order to acquire a new plant in Lorenza.
Eurostamp is set up.
CLN Group, MW Division
1997
CLN acquires Dunlop Roues (Tergnier, France) from Grupop.
CLN Group, MW Division
1997
MW France is set up.
CLN Group, MA Division
1998
The former Fiat stamping department built in 1973 and then sold to MA in 1998.
CLN Group | Fiat stamping department 1973 and then sold to MA in 1998
CLN Group
1998
CLN acquires MDM of Pontedera (formerly Piaggio).
CLN gets into OVM-Iveco Brescia.
CLN Group, MA Division
1998
Delfo Polska (now MA Polska) is set up.
CLN Group
1999
CLN acquires 40% of ICL.
CLN Group, MA Division
1999
MA Automotive Brasil is set up.
CLN Group, MA Division
2000
CLN acquires the stamping unit by PSA Group in Palomar that will later became EUROSTAMP Argentina.
The Group opens a new EUROSTAMP plant in Brazil.
CLN Group, MW Division
2000
MW Romania joins the Group.
Start of business partnership with Topy Industries Ltd.
CLN Group, MA Division
2001
MA Automotive Argentina is set up.
CLN Group, MA Division
2002
MA and Coskunöz - Turkey - form a joint venture in Bursa setting up the Coskunöz MA Otomotive for stamping and assembly automotive components for Renault and Dacia.
CLN opens a stamping plant in Biache-Saint-Vaaste, close to Lille, France.
MA France is set up.
CLN Group, MW Division
2002
CLN acquires Roti Auto in Dragasani, Romania.
CLN Group, MA Division
2003
An automotive component stamping plant opens in Saxony for German and Czech Customers.
CLN Group, MW Division
2003
MW Lublin is set up.
CLN Group
2004
CLN acquires a minority partnership of OMV, which produces different welded carbon steel tubes for automotive and motorcycle.
CLN Group, MW Division
2007
Topy Industries Ltd acquires a 2.5% stake in MW.
CLN Group, MA Division
2007
MA and JBM - India - sign a joint venture. The JBM MA Chakan facility stamps and assembles inner and outer parts for Fiat, Tata, Volkswagen passenger cars and Mahindra vehicles.
CLN Group
2008
ITLA is set up.
CLN Group, MA Division
2008
MA and Proma Group (Italy) join forces.
CLN Group, MA Division
2009
MA South Africa joins the Group.
CLN Group, MW Division
2009
Start of wheels production for the Aftermarket business.
CLN Group
2010
CLN acquires a minority partnership in Cellino and join forces in the production of components for heavy transport and earth-moving equipment.
CLN buys an additional 1% of Nuova Sall’s shares.
CLN Group, MA Division
2010
MA and Proma Group set up a company called PMC Automotive.
MA acquires August Lapple South Africa Ltd. and its subsidiary ALSA East London.
CLN Group, MW Division
2010
MW Italia increases its participation in MWPT, gaining control of the company.
MW Italia acquires the Japanese company Excel Rim as well as 55% of stake in Excel Rim sdn, Malaysia.
CLN Group, MW Division
2011
Jantsa and MW sign a joint venture agreement to produce steel wheels in a plant in Aydin, Turkey (JMW).
MW Aftermarket is set up.
CLN Group, MA Division
2011
A new plant for automotive components stamping plant is built in Kragujevac - close to the new FIAT plant - and in Aydin.
CLN Group
2012
CLN and Canessa merge.
CLN Group, MA Division
2012
MA and FumisCor (Argentina) join forces and sign a joint venture, FaM-MA.
MA signs an equal agreement with Beijing Shougang Metal, owned by Shougang Group Corporation.
WM Automotive is founded in Kingisepp (Russia). Merger agreement between Wagon Automotive (acquiring) and WM (incorporated).
MA acquires full control of Nuova Sall.
MA Automotive South Africa deliberates a capital increase equal to 208.6 million of Rand.
CLN Group, MW Division
2012
MW and Baosteel form a joint venture — Chongqing Baosteel-MW Wheels — and a new steel wheel plant in the Chongqing province of China.
MW buys the remaining 30.5% of MWPT’s shares.
MW Italia sells MW Wheels to MA.
CLN Group
2013
A new Japanese partner for the Group.
CLN Group | 2013 - MISI
CLN Group
2013
Marubeni-Itochu Steel becomes CLN’s equity partner with a 10.45% stake.
CLN founds a new company in Poland called CLN Polska.
CLN with Prorena Canessa achieves control of Delna.
CLN Group, MA Division
2013
IFC (International Finance Corporation – World Bank Group) makes a capital increase of 20 million of Euro in MA South Africa, acquiring 23.85% of its social capital. MA sells 40% of MA do Brazil’s shares to Unipres Japan.
CLN Group, MW Division
2013
MW establishes a subsidiary company in Mexico as a joint venture with Topy Industries Ltd (TOPY 75%, MW 25%).
Gianetti Ruote transfers its Aftermarket wheel sector business to MW Italia.
CLN Group
2014
CLN buys the remaining shares of Prorena-Canessa and ITLA, and further 16.1% of Delna’s shares (69.7%).
CLN sells to Prorena-Canessa 48% of Metaltranciati.
CLN takes over GRB company (now MFB).
CLN completes the acquisition of Algat Industries plants (now MFB).
CLN sells the Aircom US holding.
CLN Group, MA Division
2014
MA and Unipres partnership becomes AGP (Alliance Growth Partner) by Renault-Nissan.
MA inaugurates its new plant in Berlin, in South Africa.
MA sells its 35% participation in Proma Poland.
SIMEST endorses and pays a capital increase of 5 million of Euro in MA.
CLN Group
2015
Venturing into the future of mobility.
CLN Group | 2015 - Beond
CLN Group
2015
CLN issues a bond with a nominal unit value of 100,000 Euro and a seven-year tenor. It is officially listed on the Irish Stock Exchange.
CLN and ArcelorMittal CLN Distribution Italia (AMDSI) give birth to ArcelorMittal CLN Distribuzione Italia.
CLN acquires 20% of share capital of BeonD, a e-mobility start-up.
CLN Group, MW Division
2015
The new Mexican plant is a reality.
CLN Group | 2015 - The new Mexican plant
CLN Group, MW Division
2015
Start of operations for Topy MW Manufacturing Mexico, a joint venture between Topy Industries (75%) and MW (25%).
MW Italia sells the majority stake in steel wheel manufacturer Gianetti Ruote to Accuride Corporation.
The MW Laboratory receives accreditation according to ISO 17025 for wheels validation.
CLN Group, MA Division
2015
MA absorbs MAC and Wagon.
MA Argentina (Palomar) is transferred to PSA Argentina.
CLN Group
2016
CLN acquires 80% of MIM Steel Processing (Germany).
CLN Group, MW Division
2016
A even closer relationship with Topy Industries.
CLN Group | 2016 – Topyn
CLN Group, MW Division
2016
Topy Industries and MW Italia sign a new business and capital alliance. Topy achieves a shareholding in MW Italia equal to 14%, whereas MW Italia achieves a 1.53% shareholding in Topy.
TO PROVE LAB is the new brand that makes MW Italia shows up on the testing services market.
CLN Group
2017
ITLA makes a joint venture with Giuseppe & F.lli Bonaiti, becoming ITLA Bonaiti.
CLN Group, MW Division
2017
MW Italia acquires the Condove plant by Lucchini Spa.
MW Italia sells Excel Rim to RK Group.
CLN Group
2018
CLN sells San Polo Lamiere to ArcelorMittal CLN.
CDP and IFC finance CLN with 134 million euros to support the international growth.
CLN Group, MA Division
2018
SIMEST pays a capital increase of 3 million euros in MA Automotive Argentina S.A.
SIMEST invests over 19 million euros to support investment plan.
Sale of MA's participation (50%) in JBM MA Automotive Pvt. Ltd. to Neel Metal Products Limited.
MA Automotive Portugal is set up.
 
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