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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July 2026
Lichtenberg Capital Acquires a Majority Stake in ATOP S.p.A.
Ozzano dell'Emilia (Italy)/Schwaz (Austria), July 15, 2026. The IMA Group and Lichtenberg Capital, an Austrian, entrepreneurially-minded investor focused on mid-sized European companies undergoing transformation, have announced a partnership involving ATOP S.p.A. A vehicle advised by Lichtenberg Capital is acquiring a majority stake in ATOP, while IMA remains involved as a strong industrial partner and minority shareholder. Androschin & Partner provided advisory services in connection with the transaction.
INVESTOR
Lichtenberg Capital (Schwaz, Österreich)
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TARGET
ATOP S.p.A.
Headquarters
Barberino Val d'Elsa (Tuscany, Italy)
Founded
1993
Employees
~135
Seller
IMA Group
Transaction
Majority Stake Acquired by Lichtenberg Capital
ABOUT THE COMPANY
ATOP S.p.A.
ATOP S.p.A. was founded in 1993 and is headquartered in Barberino Val d'Elsa (Tuscany, Italy); the company employs approximately 135 people. ATOP develops and manufactures automated production lines and winding machines for electric motor stators and rotors and was among the first companies to industrialize hairpin technology for electric traction motors. Its technology portfolio includes hairpin, coil, flyer, needle, spindle, and single-pole winding, as well as permanent magnet assembly, protected by more than 680 granted and pending patents. Its customers include international OEMs and Tier 1 suppliers, primarily in the e-mobility sector. ATOP has been part of the IMA Automation Group since 2017; IMA acquired a majority stake in 2019.
ABOUT THE INVESTOR
Lichtenberg Capital (Schwaz, Österreich)
Lichtenberg Capital is an Austrian private equity investor founded in 2023 and headquartered in Schwaz (Tyrol). The company specializes in supporting medium-sized European companies undergoing transformation or transition and sees itself as an entrepreneurial co-investor that contributes not only capital but also operational expertise. In addition to ATOP, its portfolio includes, among others, Iacobucci HF Aerospace S.p.A.
OUR ROLE
Notice to the Buyer