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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January 2023
PINOVA Capital invests in VTI Ventil Technik GmbH
Menden, January 16, 2023. Funds managed by PINOVA, together with NRW.BANK, acquired the shares in VTI Ventil Technik GmbH from the Dutch company Aalberts N.V., an AMX-listed technology company, as part of a carve-out. Androschin & Partner (A&P) advised on the transaction and conducted commercial due diligence on behalf of PINOVA Capital.
INVESTOR
PINOVA Capital & NRW.BANK
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TARGET
VTI Ventil Technik GmbH
ABOUT THE COMPANY
VTI Ventil Technik GmbH
VTI was founded in 1853 and is a global company specializing in high-pressure valve technology, headquartered in Menden, Germany, with approximately 130 employees. VTI develops and manufactures high-pressure valves and regulators for respiratory protection, firefighting and fire suppression, alternative fuels, and medical and technical gases.
ABOUT THE INVESTOR
PINOVA Capital & NRW.BANK
PINOVA is an independent investment firm that invests in fast-growing technology companies in German-speaking countries with revenues ranging from 10 to 75 million euros. NRW.BANK is the development bank for North Rhine-Westphalia and supports the state in structural and economic policy initiatives through a broad range of funding instruments.
OUR ROLE
Commercial Due Diligence