Quantum Capital Partners (QCP) announced today that they have acquired 100% of the shares in Gianetti Ruote S.r.l. (Gianetti) through the Quantum Opportunity Fund II GmbH & Co. KG from ACC Rollco S.r.l., an indirect, wholly owned subsidiary of Accuride Corporation (Accuride). The acquisition of Gianetti marks the third investment by QCP in Italy in the past three years. The transaction was managed from Munich and the newly opened Milan office.

With over 130 years of company history and headquartered in Ceriano Laghetto near Milan, Italy, Gianetti is the third largest steel wheel supplier to Europe's leading commercial vehicle manufacturers. Gianetti produces high-quality steel wheels ranging from 16" to 24" in diameter for trucks, buses, and trailers. The company is known for its innovative products, such as the newly developed lightweight steel wheel, which helps customers reduce weight and emissions while increasing fuel efficiency and payload capacity. Mr. Goran Mihajlovic has been appointed as the new CEO and Chairman of the Board of Ginaetti Ruote. He will lead the day-to-day operations at Gianetti together with the existing local management team. Mr. Mihajlovic brings extensive production and management experience in Italy and Europe (OM Carrelli Elevatori in Italy and STILL in Germany).Steffen Görig, CEO and founder of Quantum: "Gianetti is a renowned and innovative company with a long history. As the third largest player in the European market, the company has a unique market position and an innovative product portfolio for OEMs. In particular, with the newly developed lightweight wheel, we see strong growth and upside potential for the company. We look forward to supporting Gianetti on this journey and realizing its full growth potential."