Transaction details

Dierre Group

NB Aurora signs an agreement for the acquisition of a minority stake in Dierre Group

Ethica Corporate Finance advised the shareholders of Dierre Group, the founder and Chairman Giuseppe Rubbiani and the investment company Gradiente SGR, in the sale of a minority stake to NB Aurora S.A. SICAF-RAIF (“NB Aurora”), listed in Italy on the MIV market – Professional Segment (“MIV”) organised and managed by Borsa Italiana. The purpose of Dierre is to become a leading European player in the production of technologically advanced protection systems for the industrial automation and NB Aurora will support the entrepreneur and the top management to enhance the growth of the business through international acquisitions, also leveraging Neuberger Berman’s global platform.

Dierre Group is an Italian leading company in the design, manufacture and sale of technologically advanced protections and components with high aesthetic impact for industrial automation with a wide diversified customer base that includes the largest Italian manufacturers of industrial automation. Founded in 1997 in Fiorano Modenese by Giuseppe Rubbiani, a small manufacturer of protection systems for the automated industry, in twenty years it has managed to become the Italian leading company in its market niche thanks to constant investments in innovation and acquisition of complementary businesses.

Giuseppe Rubbiani, Chairman of Dierre Group, added: “The entry of the new NB Aurora investment fund into Dierre’s shareholder base has the main purpose to further strengthen the company’s position on the Italian market and encourage its international expansion, continuing the company’s growth path both at an operational and a production level.”