CVC Capital Partners has reached an agreement to acquire Clevertech, the Italian manufacturer of advanced industrial automated packaging systems. The deal sees CVC taking control from REFA, the Reggiani family holding company, while the family maintains a minority stake through reinvestment. This marks CVC's continued expansion in European industrial technology companies.

Clevertech posted strong financial performance in 2025, generating €236 million in revenue and over €70 million in EBITDA. The packaging automation sector has attracted significant private equity interest as manufacturers seek efficiency gains and labor cost reductions. CVC's acquisition suggests confidence in the company's growth trajectory and market position within Europe's industrial landscape.

Founder Giuseppe Reggiani will retain his role as chairman and chief executive, ensuring continuity during the transition. This leadership stability often proves critical when private equity firms acquire family-owned businesses, particularly in specialized manufacturing sectors where institutional knowledge drives competitive advantage.

The transaction is expected to close by the end of 2026, giving CVC time to integrate the business while maintaining current operations. For investors, this deal illustrates how private equity firms are targeting industrial automation companies with proven track records and strong margins.