CVC enters deal to buy packaging automation company Clevertech

CVC Capital Partners has reached an statement to get Clevertech, an Italian supplier of concern automation and packaging systems, from the Reggiani family.

Financial presumption of the transaction were not disclosed.

CVC volition marque the concern done CVC Capital Partners IX.

The woody involves the acquisition of the full stock superior of Clevertech from REFA, the household holding company.

REFA volition clasp an involvement successful the concern by reinvesting alongside CVC arsenic a number shareholder.

Clevertech was established successful 1987 and is based successful Cadelbosco di Sopra, Italy.

The institution focuses connected the plan and accumulation of automated packaging instrumentality for concern use, supported by much than 450 specialised employees.

It reported gross of €236m ($269.1m) and net earlier interest, taxes, depreciation and amortisation of much than €70m successful 2025.

Upon completion of the transaction, the existent enactment squad volition stay successful place.

Engineer Giuseppe Reggiani, who founded the company, volition enactment connected arsenic president and CEO. Umberto Reggiani volition proceed arsenic main income director, Enrico Reggiani arsenic main fiscal manager and Simone Cervi arsenic main exertion officer.

Giuseppe Reggiani said: "Our household believes it is indispensable to supply our absorption team, employees and long-standing partners with the resources needed to consolidate and accelerate Clevertech Group's growth.

"In CVC, we person recovered the perfect spouse to assistance america code the caller challenges of the market. My family's committedness continues with adjacent greater enthusiasm and further resources to foster the thrust for innovation that has ever distinguished us."

The transaction is intended to backmost Clevertech's planetary enlargement and enactment spending connected innovation.

The deal, expected to adjacent by the extremity of 2026, awaits regulatory approvals.

CVC spouse Giorgio De Palma said: "We are arrogant to put successful Clevertech Group, a planetary person successful concern automation, and are excited to enactment the Reggiani household successful its concern plans and planetary development. Our extremity is to assistance the Group proceed delivering progressively innovative and technologically precocious solutions to its customers, which are starring companies successful their respective industries."

"CVC enters woody to bargain packaging automation institution Clevertech " was primitively created and published by Packaging Gateway, a GlobalData owned brand.