M&A Deal Summary

Cerea Partners Acquires PiovanGroup

On February 1, 2025, private equity firm Cerea Partners acquired machinery company PiovanGroup

Acquisition Highlights
  • This is Cerea Partners’ 9th transaction in the Machinery sector.
  • This is Cerea Partners’ 4th transaction in Italy.

M&A Deal Summary

Date 2025-02-01
Target PiovanGroup
Sector Machinery
Buyer(s) Cerea Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

PiovanGroup

Veneto, Italy
PiovanGroup designs, manufactures, and installs systems that automate the storage, transport, and processing of polymers, plastic powders, and food ingredients. PiovanGroup is based in Veneto, Italy.

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Buyer(S) 1

Buyer

Cerea Partners

Neuilly sur Seine, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 1.5B EUR
Size Large
Type Sector Focused
DESCRIPTION

Cerea Partners is a specialist investment firm focused on investing in and providing finance to agriculture and related sustainable food businesses. Cerea primarily targets companies in Western Europe and looks to invest in companies valued between €20 and €500 million. Prospective transaction situations includes LBOs, LBIs, OBOs, and spin-offs. Cerea Partners was formed in 2004 and is based in Paris, France.


DEAL STATS #
Overall 70 of 73
Sector: Machinery M&A 9 of 9
Type: Buyout (LBO, MBO, MBI) M&A Deals 29 of 31
Country: Italy M&A 4 of 4
Year: 2025 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-15 Axium Packaging

Andrezieux -Boutheon, France

Axium Packaging is a PET (recyclable) & R-PET (recycled) plastic packaging solutions specialist. Axium mainly designs and manufactures plastic packaging solutions for the food, healthcare, and beauty sectors. Axium's products are divided between flasks, plugs, and boxes. Axium was founded in 1968 and is based in Andrezieux -Boutheon, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-11 Obyo

Saint Nazaire Cedex, France

Obyo specializes in the distribution of hygiene products, equipment, and services. Obyo Groupe markets a wide range of products with over 10,000 references. Obyo Groupe caters to numerous customer segments, including cafEs, hotels, and restaurants, communities, healthcare facilities, cleaning companies, and more. Obyo was founded in 2018 and is based in Saint Nazaire Cedex, France.

Buy -