# How China Bought Italian Tire Company Pirelli

> Milan-based tiremaker Pirelli is at a crossroads after Chinese state-owned chemical and rubber company ChemChina took a 37% majority stake in the company for a staggering $7. 7 billion back in 2015.

- **Source:** [SlashGear](https://www.slashgear.com/1894631/italian-tire-company-pirelli-how-bought-what-italy-doing/?utm_source=gearopen.com&utm_medium=referral&utm_campaign=feed&utm_content=685e122e41da7c300c22cc0a)
- **Published:** 2025-06-27
- **Category:** Cars
- **Tags:** #company #pirelli #tire #bought #chemchina #china #chinese #italian
- **Canonical:** http://localhost:4321/a/685e122e41da7c300c22cc0a

---

_GearOpen's distilled summary. The full original article is published at SlashGear (source link above); GearOpen does not republish the source's full text._