Milan, August 3, 2026. Clessidra Private Equity SGR, the private equity arm of the Clessidra Group—one of Italy’s leading alternative investment providers—announces the acquisition of a 70% stake in Errebi Technology S.p.A. through the Clessidra Capital Partners Green Harvest fund. Entrepreneur Massimiliano Paglione retains a 30% stake and is reinvesting alongside Clessidra. Androschin & Partner conducted the commercial due diligence for Clessidra Group Private Equity SGR.
TRANSACTION
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February 2015
Capvis Acquires RENA’s Business Operations
Gütenbach, March 1, 2015. As part of a bidding process, Capvis is acquiring all assets necessary for operations and the order backlog of the insolvent RENA GmbH and will continue operations as the newly founded RENA Technologies GmbH; all employees in Germany and at the transferred foreign subsidiaries will be retained. Androschin & Partner (A&P) advised on the transaction and conducted commercial due diligence on behalf of Capvis.
INVESTOR
Capvis Equity Partners
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TARGET
RENA GmbH (business operations)
Headquarters
Gütenbach (Germany), Poland Branch
Seller
RENA GmbH i.I. (Erwerb aus der Insolvenz)
Transaction
Acquisition of all assets necessary for operations from the insolvency proceedings
ABOUT THE COMPANY
RENA GmbH (business operations)
RENA (now RENA Technologies GmbH), with locations in Germany and Poland as well as sales and service offices in Singapore, China, and North America is a globally active equipment manufacturer specializing in wet chemical surface treatment for semiconductor, medical technology, renewable energy, and glass processing applications.
ABOUT THE INVESTOR
Capvis Equity Partners
Capvis is a leading Swiss private equity firm that has completed over 50 transactions totaling more than 5 billion euros since 1990.
OUR ROLE
Commercial Due Diligence