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1989
At the close of the 1980s, Finmeccanica, the Financial Holding Company of IRI who held the share packet of the Company, decided to sell VM on the grounds that the production of diesel engines was no longer strategic to its core competences.
In December 1989, a leverage buy out involving Company Managers and the financial support of the Midland Montague Bank meant that VM Motori once again became a private company with a single production plant in Cento.
The Company's mission was to further develop that which had become its most important sector: engines for automotive use.
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