CIR Compagnie Industriali Riunite SpA (CIRX)

As of February 19, 2020, Compagnie Industriali Riunite S.p.A. was acquired by COFIDE - Gruppo De Benedetti S.p.A.Compagnie Industriali Riunite S.p.A., together with its subsidiaries, operates in the automotive components, media, healthcare, and non-core investment sectors in Italy, other European countries, North America, South America, Asia, and internationally. It produces suspensions, such as coil, leaf, FRP coil, and precision springs, as well as stabilizer bars; oil, air, and diesel fuel filtration systems; petrol fuel filters; cam covers and oil separators; and air and cooling systems consisting of intake manifold and air induction systems, charged air ductings, thermostat housings and ducts, and coolant pumps modules. The company also publishes la Repubblica, La Stampa, and Il Secolo XIX national daily newspapers, as well as 14 local daily newspapers; L'Espresso weekly magazine and other magazines; broadcasts 3 national radio stations; operates in the Internet sector; and collects advertising for third-party publications. In addition, it operates nursing homes for the elderly under the Anni Azzurri brand; functional rehabilitation units under the Santo Stefano name; and psychiatric rehabilitation units under the Neomesia brand. Further, the company provides medical services, such as diagnostic imagining, nuclear medicine, and radio therapy under the Medipass brand; and manages the Fratelli Montecchi hospital, as well as 86 facilities in central and northern Italy with a total of 8,157 beds. Additionally, it is involved in non-core investments in private equity funds. The company was founded in 1976 and is headquartered in Milan, Italy.