IVECO GROUP PRESENTS ITS BUSINESS STRATEGY AND 2026 FINANCIAL AMBITIONS
Turin, November 18, 2021
In the context of the demerger (the “Demerger”) of Iveco Group (“Iveco Group” or “the Group” or “the Company”) from CNH Industrial N.V. (“CNH Industrial”), Iveco Group’s senior management is meeting today with the financial community to present the Company’s business, strategy, and 2026 financial ambitions, as well as the terms of the Demerger that will result in the listing of its common shares on the regulated market of Euronext Milan stock exchange expected on January 3, 2022, subject to shareholders and regulatory approvals. Demerger Rationale For full details on the Reasons for the Demerger, please refer to section 4.1 of the Prospectus, which is available on the Company’s website, at the url: www.ivecogroup.com/investo_relations/demerger_documents
The Demerger of Iveco Group from CNH Industrial will create an independent ‘pure player’ focused on its leading Commercial and Specialty Vehicles, Powertrain, and Financial Services businesses. The intention to separate its “On-Highway” (now named “Iveco Group”) and “Off-Highway” (Agriculture and Construction) businesses was first announced by CNH Industrial at its Capital Markets Day, held on September 3, 2019.