Credem Euromobiliare Private Asset SGR acquired Bieffe Costruzioni, a water treatment solutions provider in Italy, for $3m. The deal closed and was announced on May 15, 2026.
| Deal at a Glance: | |
| Acquirer | Credem Euromobiliare Private Asset SGR (IT) |
| Target | Bieffe Costruzioni (IT) |
| Value | $3m |
| Type | Acquisition |
| Close Date | May 15, 2026 |
| Advisors | Epyon (buy-side), Marco Carbonara and Giovanni Caniggia of Alpeggiani (sell-side) |
Deal Mechanics:
Credem Euromobiliare Private Asset SGR completed the acquisition of Bieffe Costruzioni, a leading provider in industrial water treatment solutions. The deal was executed to bolster Credem's portfolio with a company specialized in sustainable and innovative water technologies.
Strategic Rationale:
The acquisition aims to build a structured group within the industrial water treatment sector by integrating Bieffe Costruzioni’s expertise into the larger ecosystem of Iride Acque, which is under Credem's management. This move reflects a strategic commitment to sustainable and efficient water management solutions for industries.
Financial Context:
The $3m transaction represents a significant investment in an environmentally critical sector, aligning with global trends towards sustainable practices in industrial operations. The deal is part of a broader strategy by Credem Euromobiliare Private Asset SGR to leverage its financial resources and expertise to support growth in the water technology space.
Advisors:
Credem Euromobiliare Private Asset was advised on legal matters by Chiaravalli Reali e Associati, BDO, and Alpeggiani. Marco Carbonara and Giovanni Caniggia of Alpeggiani served as sell-side advisors.
Outlook:
Credem Euromobiliare Private Asset SGR's acquisition of Bieffe Costruzioni marks a pivotal step in the company’s mission to expand its presence in sustainable water solutions. This strategic move is expected to enhance Iride Acque’s position within Italy and contribute significantly to its growth trajectory.