Who owns Pirelli & C. S.p.A.? Sinochem Holdings Corporation Ltd.'s stake and the ownership chain
Facts checked
Pirelli & C. S.p.A. appears here because the ownership graph records a holding in it by a Chinese entity. The chain below is the whole of what this site claims.
Sinochem holds 37.0% of Pirelli through China National Tire & Rubber and the Italian vehicle Marco Polo International Italy (holding as reported in January 2025); Camfin holds 26.4%. On 16 June 2023 the Italian government exercised its golden-power powers over the renewal of the 16 May 2022 shareholders' agreement, requiring that Pirelli set its own strategic, industrial and financial plans, that the chief executive and all delegated officers come from Camfin's nominees, and that Pirelli refuse requests to share protected technology or data with parties traceable to the Chinese government. Pirelli's board determined in April 2025 that Sinochem no longer controls the company for accounting purposes.
The short answer
| Controlled by | Sinochem Holdings Corporation Ltd. |
|---|---|
| Stake | 37% |
| Since | not published |
| Kind | company |
| Origin | IT |
| Top of the chain | Sinochem Holdings Corporation Ltd. |
The chain, step by step
Sinochem Holdings Corporation Ltd. holds a stake in Pirelli & C. S.p.A. at 37%.
Sinochem holds 37.0% of Pirelli through China National Tire & Rubber and the Italian vehicle Marco Polo International Italy (holding as reported in January 2025); Camfin holds 26.4%. On 16 June 2023 the Italian government exercised its golden-power powers over the renewal of the 16 May 2022 shareholders' agreement, requiring that Pirelli set its own strategic, industrial and financial plans, that the chief executive and all delegated officers come from Camfin's nominees, and that Pirelli refuse requests to share protected technology or data with parties traceable to the Chinese government. Pirelli's board determined in April 2025 that Sinochem no longer controls the company for accounting purposes.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Sinochem Holdings Corporation Ltd. | Pirelli & C. S.p.A. | holds a stake in | 37% | not published |
Related
Sources for Pirelli & C. S.p.A.
- Pirelli & C. S.p.A., Press release 18 June 2023. Read . Text of the golden-power conditions imposed on CNRC.
- Wikipedia, Pirelli. Read . January 2025 shareholder split and the April 2025 board determination that Sinochem's control had ended.