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 2015
ProXES Group Acquires Dutch Process Technology Manufacturer Terlet N.V.
July 30, 2015. ProXES GmbH is expanding its group product portfolio through the acquisition of the Dutch machinery manufacturer Terlet N.V. from Stegel Holding B.V. Androschin & Partner (A&P) advised on the transaction and conducted commercial due diligence on behalf of ProXES GmbH.
INVESTOR
ProXES GmbH
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TARGET
Terlet N.V.
ABOUT THE COMPANY
Terlet N.V.
Terlet (Zutphen, Netherlands) is known for its scraped-surface heat exchangers (Terlotherm) as well as high-tech process vessels for processing liquid and semi-liquid food products and personal care products; 2014 revenue: 16 million euros, 70 employees.
ABOUT THE INVESTOR
ProXES GmbH
ProXES brings together several leading process technology providers (including Stephan Machinery and FrymaKoruma) for the food industry under the DBAG umbrella.
OUR ROLE
Commercial Due Diligence