The Reggiani family has agreed to a strategic investment partnership with international private equity firm CVC Capital Partners to accelerate the global expansion of Clevertech Group, an Italian leader in industrial automation solutions.
Under the terms of the agreement, CVC will acquire 100% of the share capital of Clevertech S.p.A. from REFA S.r.l., the Reggiani family’s holding company. Demonstrating continued commitment to the business, REFA will reinvest alongside CVC to maintain a minority stake, ensuring full corporate and management continuity.
Founded in 1987 and based in Cadelbosco di Sopra within Italy’s prominent “Packaging Valley,” Clevertech designs and manufactures highly advanced industrial automated packaging systems. The group has grown into a major international exporter of Italian engineering, reporting €236 million in revenue and an EBITDA exceeding €70 million in 2025. Today, the company operates globally with a workforce of more than 450 specialized professionals.
The transaction is designed to inject new resources into Clevertech to fund technological innovation and broaden its presence across international markets. Company leadership will remain entirely intact to execute this next growth phase. Founder Giuseppe Reggiani will continue serving as Chairman and Chief Executive Officer, supported by Umberto Reggiani as Chief Sales Director, Enrico Reggiani as Chief Financial Director, and Simone Cervi as Chief Technology Officer.
Giuseppe Reggiani emphasized that the partnership is a strategic move to provide employees and long-standing business partners with the scale needed to tackle evolving market demands. CVC Partner Giorgio De Palma echoed this sentiment, stating that CVC’s goal is to help Clevertech continue delivering highly automated, high-tech solutions to its consumer base of industry-leading global corporations.
The investment will be deployed through the CVC Capital Partners IX fund. The deal is expected to officially close by the end of 2026, pending standard regulatory approvals.
A robust lineup of institutional advisors managed the transaction. REFA was guided by J.P. Morgan as lead M&A advisor, alongside Baldi Finance and Baldi Prati & Partners. CVC was advised by UBS, Bain & Company, EY, Cleary Gottlieb, FRM, Latham & Watkins, Dabster, and dss.
