The Carlyle Group has closed the deal to acquire Marelli Motori from previous owner Melrose Industries. Terms of the buyout were not disclosed. MLAs Unicredit and Societe Generale are providing the finances of the transaction. Marelli, based in Arzignano, Italy, is an electric motors and generator producer.

The merger and acquisitions advisor for Carlyle Group was Unicredit Intes while Marelli was advised by Nomura International.

The capital for this investment will be provided by Carlyle Europe Partners III L.P. The mid-cap to large-cap investment fund will provide an amount totaling Euro5.3 billion.

Marelli Motori is among the world's biggest manufacturer of electric motors and industrial generators. The company serves businesses across the globe including the marine, energy, and industry sectors.

Marelli has posted a rise in its revenues, growing to as much as Eur149.1 million last year, which is equal to a 12.5 percent increase.

Marco De Benedetti, Managing Director of Carlyle Europe Partners said, "Marelli Motori is an outstanding Italian company that, thanks to the quality and competence of its management, has gone through a process of true internationalization enabling them to gain recognition and a strong market position in all of the major international markets in which they operate."