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Accelleron to acquire Officine Meccaniche Torino (OMT)

1 June 2023

Accelleron announced it will acquire Officine Meccaniche Torino S.p.A. (OMT), a leading manufacturer of fuel injection systems for marine engines. The acquisition is expected to be completed within the next few weeks.

The acquisition is in the high double-digit million euro range, Accelleron said. Accelleron will take over OMT in its entirety, retaining all employees as well as the brand name. Accelleron and OMT remain committed to deepening relationships and cooperation with OEMs, including across its service businesses.

Founded in 1930 and based in Turin, Italy, OMT serves engine builders with high precision fuel injection equipment with a focus on marine propulsion. It has about 250 employees, mainly based at its Italian headquarters. It achieved revenues of approximately 52 million euro in 2022, of which the majority was generated through service-related demand, and has a margin profile of above 20% EBIT.

Acquiring the market leader in the two-stroke engine sector reinforces Accelleron’s position as a partner of choice and leading innovator in the development of alternative fuel technologies, such as hydrogen, methanol, and ammonia, for large marine engines and other heavy-duty applications, the company said. Moreover, fuel injection is, like the turbocharger, a mission critical and engine performance defining component with intensive service needs.

Accelleron Industries—formerly ABB Turbocharging—is a global supplier of high-power turbochargers for 0.5 to 80+ MW engines in the marine, energy, rail, and off-highway sectors. Accelleron has an installed base of approximately 180,000 turbochargers and a network of more than 100 service stations worldwide.

Source: Accelleron