CVC has acquired Clevertech Spa, a leading provider of innovative automation solutions for packaging lines, for an undisclosed amount. Clevertech, a family-owned company established in 1987 and headquartered in Reggio Emilia, Italy, specializes in advanced systems for the front, center, and end of packaging lines. The acquisition marks a significant strategic move in the industrial automation sector, bringing together CVC's investment capabilities with Clevertech's established market presence and technological expertise.
Clevertech has achieved substantial growth, reporting a turnover exceeding 250 million euros and employing approximately 600 individuals globally. The company serves major consumer goods companies across diverse industries, including food & beverage, home care, pet food, and personal care. Its comprehensive portfolio encompasses depalletizers, loaders, unloaders, brite stackers, case packing, and palletizing systems, alongside various container and package handling solutions. All Clevertech equipment is entirely designed, engineered, assembled, and rigorously tested in Italy, ensuring high quality and precision.
This acquisition is strategically aimed at leveraging Clevertech's strong position in the global industrial automation market. CVC's investment is expected to support Clevertech's continued innovation and expansion, particularly in its specialized areas of front, center, and end-of-line solutions. Synergies are anticipated through enhanced operational capabilities and a strengthened global footprint, allowing the combined entity to further capitalize on the growing demand for sophisticated automation technologies.
The integration under CVC's ownership is poised to accelerate Clevertech's development, enabling further investment in its product portfolio and international service network. The combined entity is expected to reinforce its leadership in delivering cutting-edge, tailored automation solutions to its worldwide clientele, driving future growth and market penetration in the evolving industrial landscape.