Gradiente I – a Fund promoted and managed by Gradiente SGR – has sold to NB AURORA S.A. SICAF-RAIF, listed in Italy on the MIV market and promoted by Neuberger Berman, the 46.1% stake, equal to the entire share capital held in Dierre Group.
Dierre Group is an Italian leading company in the design, manufacture and sale of protections and components for industial automation.
For the completion of the transaction Gradiente SGR was assisted by Ethica Corporate Finance as financial advisor, by NCTM as legal advisor and PwC as accounting advisor.
Carlo Bortolozzo, Founding Partner of Gradiente SGR, comments: “We are very proud to have supported Dierre in the strong growth of these last years. Gradiente has worked alongside the entrepreneur in order to create more value by developing the company through several successful acquisitions, new investments in innovative projects, the constant strengthening of the workforce and the diversification of the product portfolio which helped Dierre to establish as an undisputed reliable partner for the main players operating in the industrial automation sector on a global scale. We are pleased to pass on the baton to NB Aurora and we are convinced that thanks to the international profile of the fund and the leadership of Giuseppe Rubbiani, the group can continue along the path taken with our support, leading Dierre to further consolidate its leadership at a domestic level and to extend its business internationally”