Atella (PZ), 8 January 2026 - CMD, an Italian company founded in 1989 and leading the way in the design and prototyping of advanced propulsion technologies, has completed a major reverse buyout, returning 100% share control to Italian hands.
The purchase of 67% of the capital previously held by the Chinese multinational Loncin Motor Co. Ltd. - entered CMD’s shareholding in 2017 to support its global expansion - marks a return to the fully Italian industrial identity, strengthening the company’s strategic autonomy and long-term vision.
The entrepreneurs Giorgio and Mariano Negri, already co-founders and architects of the share restructuring, explained the meaning of this choice in a complex global context: «Bringing the decision-making and industrial centre back to Italy means reaffirming an identity built in more than fifty years of history and creating the best conditions for facing the technological and industrial challenges of the coming years», said entrepreneur Mariano Negri , now President and CEO, who leads a new Board of Directors assisted by his cousin Giorgio Negri and their children, representatives of the third generation of the family. This strengthens the Italian family business model , ensuring continuity and deep connection with the territory. «We choose to remain anchored in the South, to our origins - continues the President - and in particular to Basilicata, which in a complex historical phase proves to be a land of industrial rebirth, skills and opportunities. Here we want to continue investing and working, offering a concrete perspective of growth for local communities and for present and future generations».
CMD, which operates in the automotive, nautical, aeronautical and energy sectors, is positioned as a key player in the transition towards sustainable mobility, with a focus on electric, hybrid and high-tech solutions, also developed in collaboration with research institutions.
With the closure of the operation in Caserta, the heart of management and R&D activities, the company is preparing to participate in the main international fairs in 2026, consolidating its role as a global industry leader. «We choose the future with a clear industrial vision - says Giorgio Negri - focusing on the company, skills, people and our strongly Italian soul.»
The transaction also entailed a significant increase in the share capital, from EUR 16.8 million to EUR 25.9 million: a real injection of capital made directly by the family, demonstrating full confidence in the industrial project and growth prospects. A company so reinvigorated confirms that an industrial Italy strong, innovative and rooted in the territories not only exists and resists, but chooses to invest with conviction in its own future.
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