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
·
September 2020
NORD Holding acquires compressor manufacturer Bock
NORD Holding is acquiring all shares in the Bock Group as part of a carve-out from GEA Group Aktiengesellschaft (MDAX). The Bock Group is expected to continue its growth trajectory with the support of NORD Holding. Androschin & Partner (A&P) advised on the transaction and conducted commercial due diligence on behalf of NORD Holding.
INVESTOR
NORD Holding
→
TARGET
Bock-Gruppe (Bock GmbH)
Headquarters
Frickenhausen (Germany), with additional locations in the Czech Republic, China, and India
Founded
1932
Employees
~340
Additional Information
Revenue: ~€90 million
Seller
GEA Group Aktiengesellschaft (Carve-out)
Transaction
Acquisition of all shares as part of a carve-out from the GEA Group
ABOUT THE COMPANY
Bock-Gruppe (Bock GmbH)
The Bock Group was founded in 1932 and is a leading manufacturer of open and semi-hermetic reciprocating compressors for stationary and transportation-related refrigeration applications (including buses, rail, reefers, trucks and trailers, as well as retail and food processing). The company employs approximately 340 people worldwide at production sites in Frickenhausen (Germany), the Czech Republic, India, and China, and generates revenue of approximately 90 million euros.
ABOUT THE INVESTOR
NORD Holding
NORD Holding Unternehmensbeteiligungsgesellschaft mbH, headquartered in Hanover, is one of Germany's oldest private equity firms and invests in small and medium-sized enterprises.
OUR ROLE
Commercial Due Diligence