Camfin Ends Governance Pact With Sinochem to Ease Pirelli United States Expansion

Camfin announced on Friday it will not renew its shareholder pact with Sinochem. The decision aims to address regulatory barriers to Pirelli expansion.

Insights:
Camfin, the investment vehicle led by Marco Tronchetti Provera marco tronchetti provera, announced on Friday, January 23, 2026, that it would not renew its shareholder pact with Sinochem. This decision marks a pivotal shift in the governance of Pirelli & C. S.p.A. , where Sinochem is currently the largest shareholder with a 34.1% stake. The move follows a Reuters report from the previous week that suggested the top two investors were prepared to let their agreement lapse.
FILE PHOTO: The Pirelli logo is seen during the Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay/File Photo
FILE PHOTO: The Pirelli logo is seen during the Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay/File Photo
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