CVC buys Italy's packaging automation company Clevertech 

MILAN, June 29 (Reuters) - Private equity group CVC Capital Partners has agreed to acquire Italian industrial automation company Clevertech from the Reggiani family, it said on Monday.

• Founded in 1987 and based near Reggio Emilia, Clevertech designs and manufactures automation systems for the packaging industry.

• Under the deal, CVC will acquire 100% of Clevertech from family holding company REFA, while REFA will reinvest for a minority stake alongside CVC.

• No financial terms were disclosed but a source familiar with the matter told Reuters the transactions valued the company around €800 million ($912.48 million) including debt.

• Clevertech reported 2025 revenue of €236 million and EBITDA of more than €70 million.

• The investment will be made through CVC Capital Partners IX.

• Founder Giuseppe Reggiani will remain chairman and chief executive officer.

• Giorgio De Palma is the CVC partner leading the investment.

• REFA was advised by J.P. Morgan, while UBS advised CVC.

($1 = 0.8767 euros)

(Reporting by Elvira Pollina; editing by Barbara Lewis)