OIO Group (formerly ESGL Holdings Limited) is a diversified holding company that underwent a major strategic transformation in April 2026 following its $1.03 billion reverse merger with De Tomaso Automobili Holdings Limited. The transaction shifted the company's primary focus toward the ultra-luxury automotive sector, with De Tomaso principals acquiring approximately 95.8% of the combined entity's shares. De Tomaso Automobili, a revived Italian marque with heritage dating back to 1959, designs and manufactures highly exclusive, coachbuilt performance vehicles for the global collector market.
In addition to its automotive operations, OIO Group retains its legacy environmental services business through its Singapore-based subsidiary, Environmental Solutions (Asia) Pte. Ltd. This division provides industrial waste management, treatment, and recycling services, primarily serving the pharmaceutical, semiconductor, and petrochemical sectors. It generates revenue through waste collection fees and the sale of circular economy products, such as recycled calcium fluoride, processed from the waste streams. While the environmental division provides a baseline of operational revenue, the company's strategic roadmap and capital allocation are now overwhelmingly anchored by the De Tomaso brand and its expansion into premium, engineering-led mobility sectors. The company is headquartered in Hong Kong and incorporated in the Cayman Islands.