FairCap Completes Acquisition of Omron Automotive Unit, Rebrands as OBITEC

Munich-based investment firm FairCap has successfully acquired Omron Automotive Electronics Italy S.r.l., now rebranded as OBITEC S.r.l. The acquisition marks a significant step for FairCap, which specializes in mid-sized corporate carve-outs. OBITEC, headquartered in Frosinone, Italy, is a leading producer of automotive relays, employing over 150 staff and serving major automotive suppliers.

FairCap plans to leverage its operations expertise to expand OBITEC's product offerings, aiming to establish a comprehensive electronics platform. This acquisition represents FairCap's third venture in Italy, aligning with its buy-and-build strategy. The company remains committed to enhancing OBITEC's ESG profile as part of its holistic development approach.