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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May 2015
Hannover Finanz Acquires 74 Percent of the Shares in Deurotech Group GmbH
Hanover, 2015. HANNOVER Finanz acquires a 74% stake in the newly founded Deurotech Group GmbH, which brings together four companies in the paper and wood-based materials industry as well as environmental technology; the remaining 26% is held by Werner Deuring’s WD DTG GmbH. Androschin & Partner (A&P) advised on the transaction and conducted commercial due diligence on behalf of HANNOVER Finanz.
INVESTOR
Hannover Finanz
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TARGET
Deurotech Group GmbH
ABOUT THE COMPANY
Deurotech Group GmbH
The Deurotech Group brings together the expertise of six companies in the wood-based materials and paper industries as well as environmental technology, including Deurowood Produktions GmbH (additives for paper and wood surface impregnation) and Vits Technology GmbH (impregnation and coating systems).
ABOUT THE INVESTOR
Hannover Finanz
Founded in 1979, the HANNOVER Finanz Group is an owner-managed equity partner for small and medium-sized enterprises, with offices in Hanover and Vienna.
OUR ROLE
Commercial Due Diligence