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
·
August 2024
FLOWFRAME becomes a new shareholder of PFEIFER
Munich/Memmingen, August 28, 2024. Munich-based FLOWFRAME SE, a specialized investment holding company for companies in special situations, has acquired all shares in the PFEIFER Group, a specialist in rope and lifting technology headquartered in Memmingen. Company owner Gerhard Pfeifer had previously led the company as the twelfth-generation head of the family. Androschin & Partner (A&P) advised on the transaction and conducted an operational and focused commercial due diligence on behalf of FLOWFRAME.
INVESTOR
FLOWFRAME SE
→
TARGET
PFEIFER Holding GmbH & Co. KG (PFEIFER Gruppe)
Headquarters
Memmingen (Bavaria, Germany)
Founded
1579 (445 Jahre)
Additional Information
Branches in 15 countries
Seller
Familie Pfeifer (Gerhard Pfeifer, 12. Generation)
Transaction
Acquisition of all company shares; existing bank financing of over €100 million repaid
ABOUT THE COMPANY
PFEIFER Holding GmbH & Co. KG (PFEIFER Gruppe)
The PFEIFER Group, headquartered in Memmingen, is one of Germany’s oldest companies with a 445-year history, is one of Germany’s oldest companies and a leading provider of rope and lifting technology, transport and connection technology for prefabricated building components, and large-scale lightweight architecture. The Group operates its own branches in 15 countries across Europe, Asia, and North America.
ABOUT THE INVESTOR
FLOWFRAME SE
FLOWFRAME SE is a Munich-based investment holding company that focuses on companies in special situations and restructuring transactions. Behind FLOWFRAME are the founders of PRIMEPULSE SE, which specializes in IT and tech investments; the company pursues a long-term, entrepreneurial investment approach.
OUR ROLE
Operational and Targeted Commercial Due Diligence