Italtractor ITM S.p.A

Based in Italy, Italtractor ITM S. p. A. operates as a designer, manufacturer, and distributor of undercarriage components, engineered frame systems, and monitoring solutions for heavy equipment and tracked machinery across a range of industrial sectors.

Founded in 1957 and based in Bologna, Italy, Italtractor ITM S. p. A. operates as a manufacturer and provider of undercarriage components, complete undercarriage systems, and related solutions for crawler machinery used in construction, mining, agriculture, forestry, and other industrial applications.

In September 2026, USCO SpA, a portfolio company of One Equity Partners, acquired Italtractor ITM S. p. A from Titan International for USD 285 million. ITM Group designs and manufactures track chains, rollers, shoes, sprockets, idlers, complete undercarriages, side frames, mining components, and undercarriage monitoring technologies.

The company also provides engineering, maintenance, repair, field services, aftermarket support, and customized undercarriage solutions for construction, mining, forestry, and agricultural machinery. ITM Group generates revenue through the manufacture and sale of undercarriage components, complete undercarriage systems, mining wear parts, and sensor-based monitoring solutions. Additional income comes from aftermarket parts distribution, engineering services, maintenance support, repair services, and long-term relationships with OEM and mining customers worldwide. The September 2026 acquisition will support Italtractor ITM S.

p. A to accelerate its geographical expansion, broaden its product range and increase its exposure to the mining sector.