- The firms will equally split 83% of the shares of Diagram
- CDP and Trilantic are bbuying out investment platform Nextalia
- BF Agricola will retain a 15% equity investment
CDP Equity and Trilantic Europe have jointly acquired a majority stake in Italian agritech business Diagram Group.
CDP and Trilantic Europe have each taken a 41.6% stake in the business totalling the 83% of the shares, buying out investment platform Nextalia, which has held Diagram since 2022.
BF Agricola, a BF group company active in the agro-industrial sectors, has reinvested to retain a 15% equity investment from its original 20% share.
Headquartered in Emilia-Romagna, Italy, Diagram offers precision farming services, technological services and professional software applications for the agricultural sector – including farmers, food processing companies, banks, insurance companies and public sector entities.
The company services a portfolio of clients covering over 2 million hectares in Italy and more than 500,000 abroad, a statement read.
“Trilantic Europe has a proven track record in collaborating with ambitious management teams to accelerate growth and capitalise on M&A opportunities in highly fragmented markets,” said Eugenio Preve, Partner at Trilantic Europe, in a statement. “This investment exemplifies our commitment to investing in European businesses with valuable industrial expertise, poised for their next stage of their development and international expansion.”
Trilantic Europe is a mid-market private equity firm focused on management buyouts, buy-ins and partnerships with founders, families and management teams. The firm currently manages around €2.6 billion in assets.
CDP Equity is the subsidiary of the Italian National Promotional Institution Cassa Depositi e Prestiti, which invests in Italian companies.
Nextalia is an investment platform. It has over €1.5 billion in assets under management.
B.F. is a holding company listed on Euronext Milan.
