Italvolt buys massive site near Turin for €3.4b gigafactory project

By Virna Asara 2021-09-09T00:00:00

Lars Carlstrom's Italvolt Spa has signed a binding agreement with Italian asset manager Prelios' Monteverdi Fund to acquire the former Olivetti industrial site covering 1 million m2 in the municipality of Scarmagno near Turin.

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