Private equity firm the Carlyle Group (Nasdaq: CG) is buying Marelli Motori for about $284 million.

Marielli, headquartered in Arzignano, Italy, manufactures industrial generators and electric motors for the power generation, marine, oil and gas and industrial manufacturing markets. The company’s revenue grew 12.5 percent in 2012, to almost $200 million.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.