The Reggiani Family and CVC Capital Partners announced they have agreed to make a strategic investment in Clevertech, an Italian industrial automation solutions company.
The transaction is intended to support Clevertech’s next phase of international growth and further strengthen the company’s market leadership. Clevertech is a global provider of advanced industrial automated packaging systems.
Founded in 1987 and headquartered in Cadelbosco di Sopra in Reggio Emilia, Italy, Clevertech is based in the heart of Italy’s “Packaging Valley.” The company designs and manufactures advanced industrial automation and packaging systems for global customers.
Clevertech reported revenue of €236 million and EBITDA of more than €70 million in 2025. The company has more than 450 specialized professionals and operates internationally, bringing Italian engineering expertise to advanced global markets.
As part of the transaction, CVC will acquire 100% of the share capital of Clevertech from REFA, the Reggiani Family holding company. REFA will reinvest alongside CVC as a minority shareholder, ensuring continuity in the management of the business and execution of the company’s strategy.
Clevertech founder Giuseppe Reggiani will remain Chairman and Chief Executive Officer. Umberto Reggiani will continue as Chief Sales Director, Enrico Reggiani will continue as Chief Financial Director, and Simone Cervi will continue as Chief Technology Officer.
The continued involvement of Clevertech’s existing management team is expected to support the company’s next phase of development alongside its employees, customers, and business partners.
The partnership with CVC is expected to help Clevertech accelerate growth, expand internationally, and invest in innovation. The companies said these efforts are aimed at strengthening Clevertech’s leadership position in its target markets.
Completion of the transaction is expected by the end of 2026, subject to customary regulatory approvals. CVC will invest in Clevertech through CVC Capital Partners IX.
Support: REFA was advised by J.P. Morgan as lead M&A advisor, Baldi Finance for financial and ESG matters, and Baldi Prati & Partners for legal and tax matters.
CVC was advised by UBS for M&A, Bain & Company for commercial matters, EY for financial and tax matters, Cleary Gottlieb for legal matters, FRM for tax matters, Latham & Watkins for antitrust matters, and Dabster and dss for ESG matters.
KEY QUOTES:
“Our family believes it is essential to provide our management team, employees and long-standing partners with the resources needed to consolidate and accelerate Clevertech Group’s growth. In CVC, we have found the ideal partner to help us address the new challenges of the market. My family’s commitment continues with even greater enthusiasm and additional resources to foster the drive for innovation that has always distinguished us.”
Giuseppe Reggiani, Founder and Chairman of Clevertech
“We are proud to invest in Clevertech Group, a global leader in industrial automation, and are excited to support the Reggiani family in its investment plans and international development. Our goal is to help the Group continue delivering increasingly innovative and technologically advanced solutions to its customers, which are leading companies in their respective industries.”
Giorgio De Palma, Partner at CVC
