Mecc Alte has completed a major restructuring of its ownership framework as the power generation specialist prepares for its next phase of industrial growth ahead of its 80th anniversary in 2027.
The consolidation process has resulted in a majority of the group’s controlling shares passing to shareholders Mario Roberto Carraro and Paolo Carraro following negotiations conducted over the past 15 months.
The company said the transition was designed to ensure long-term continuity, stability and strategic clarity while maintaining the family-led industrial heritage that has shaped the business for decades.
Under the new leadership structure, Mario Carraro will continue as chief executive officer and chairman of the group’s operating companies, overseeing overall industrial strategy and direction. Paolo Carraro will retain responsibility for Mecc Alte China, which the company identified as a key pillar of future development.
As part of the transition, the Carraro brothers have also appointed their father, Diego Carraro, as chairman of the new family holding company. The role is intended as a symbolic recognition of his five decades leading the business before stepping down from operational duties in 2021.
“It is a privilege to continue to accompany, in a representative role, the company to which I have devoted fifty years of my operational life,” said Diego Carraro. He added that he was proud to see the next generation taking responsibility for the group’s future while preserving its longstanding values.
The restructuring will also include a broader corporate reorganisation programme during 2026, including the merger of M.e.c.c. Alte S.p.A. into Comeccfin. The move will consolidate subsidiaries under a single industrial and financial holding company to improve strategic alignment and operational efficiency across global operations.
Despite the structural changes, the Mecc Alte brand name will remain unchanged.
Mario Carraro said the transition marked an important step in preparing the company for future growth. “We do so with momentum and courage, but also with awareness of what the company has been,” he said.
The company said the simplified structure would reinforce its strategic focus on the global power generation sector, particularly as demand grows for infrastructure supporting data centres, decentralised energy systems, construction projects and critical backup power applications.
According to Mecc Alte, group revenues increased from €137mn in 2020 to €210mn in FY2025, reflecting continued expansion across international markets.
Paolo Carraro said the restructuring sends a clear signal to the market about the company’s long-term direction. “In a rapidly evolving sector, what makes us different is the ability to be guided by our values,” he said.
The company added that the ownership transition will not affect day-to-day operations, production schedules or existing customer programmes.
Mecc Alte reshapes ownership structure
