Railway wheel manufacturer Lucchini RS, formerly part of Italian steelmaker Lucchini Group, has announced that it has signed a preliminary agreement to acquire a 49 percent stake in
Italy-based car parts manufacturer Mamé Group. The final contract will be signed within the year.
Under the agreement, Lucchini RS has the right to exercise an option to purchase additional shares of Mamé Group in 2017, thus being able to acquire majority shares in the company.