Founded in 1919 as Fabbrica Italiana Magneti Marelli (FIMM), a joint venture between Fiat and Ercole Marelli (1891-1993). The Italian electrical appliance company initially made ignition magnets for the automotive and aerospace industries, with its first factory in Sesto San Giovanni near Milan.
On October 22, 2018, it was announced that Magneti Marelli was being bought to merge with Japanese car company Calsonic Kansei in a deal that would create one of the world's largest suppliers of auto parts.
In May 2019 Magneti Marelli and Calsonic Kansei merged to form Marelli.
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