Diagram Group: Leading the Agritech Sector with New Owners
Deal News | Dec 27, 2024 | PedersoliGattai
In a strategic acquisition, CDP Equity, a part of the Cassa Depositi e Prestiti Group, along with Trilantic Europe, a prominent private equity firm, have taken majority control of Italy's Diagram Group, a leader in the agritech industry. They acquired 83% of Diagram's share capital from Nextalia, an investment platform, with each acquiring a 41.6% stake. Meanwhile, BF Agricola, part of the BF Group involved in agro-industrial sectors, retained a 15% interest after reinvesting in the company, down from an original 20% stake. The acquisition was facilitated by PedersoliGattai, a law firm, which provided comprehensive advisory services across multiple legal aspects such as corporate structuring, negotiation, due diligence, financial, and antitrust issues. PedersoliGattai's advisory team was led by partner Duccio Regoli and involved specialists from various legal practices, highlighting the intricate nature of M&A transactions within competitive sectors like agritech.
Sectors
- Agritech
- Private Equity
- Legal Services
Geography
- Italy – Diagram Group, the target company, is based in Italy, situating the transaction within the Italian market.
- Europe – Trilantic Europe is described as a leading pan-European private equity investor, highlighting the broader geographical context involving European markets.
Industry
- Agritech – The article revolves around Diagram Group, a key player in the agritech sector, which reflects the industry focus of the acquisition.
- Private Equity – The acquisition involves Trilantic Europe, a private equity firm, and CDP Equity, highlighting the role of private equity in investment and acquisition transactions within this industry.
- Legal Services – PedersoliGattai provided legal advisory for the deal, underscoring the importance of legal services in facilitating M&A transactions.
Financials
- 41.6% – Stake acquired by each of CDP Equity and Trilantic Europe in Diagram Group, totaling 83%.
- 15% – Shareholding retained by BF Agricola after reinvestment, reduced from 20%.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Diagram Group | Target Company | Company | A leading Italian firm in the agritech sector. |
| CDP Equity | Bidding Company | Company | A subsidiary of Cassa Depositi e Prestiti Group involved in the acquisition. |
| Trilantic Europe | Bidding Company | Company | A leading pan-European private equity investor participating in the acquisition. |
| Nextalia | Selling Company | Company | The investment platform that sold its shareholding in Diagram Group. |
| BF Agricola | Reinvesting Entity | Company | A company of BF Group active in the agro-industrial sectors, retained a 15% shareholding through reinvestment. |
| PedersoliGattai | Legal Advisor | Company | A law firm providing legal advisory services to CDP Equity during the acquisition. |