Ambienta goes for majority stake in Officine Maccaferri

Officine Maccaferri is an environmental engineering service provider.

  • Bologna, Italy-based Officine Maccaferri has revenues of over €600m
  • The transaction is expected to close in Q2 of 2024
  • Ambienta is a European environmental sustainability investor

Ambienta has acquired a majority stake in Officine Maccaferri, an environmental engineering service provider, alongside commitment from its senior management team.

Ambienta acquires the company from current shareholders Carlyle Global Credit, Stellex Capital Management and Man GLG.

Bologna, Italy-based Maccaferri has operations in more than 130 countries and revenues of over €600 million in 2023. Its products represent low carbon emissions and environmentally friendly alternative within the building materials space.

Ambienta will support Maccaferri in scaling its business internationally, both organically and through external growth, according to a release. It will support the company in its consolidation as an independent provider for engineered solutions as well as towards consolidating its presence in Asia Pacific and North America, the release said.

Maccaferri “represents a unique opportunity to tap into an expected high wave of infrastructure spending demand for more durable and environmentally friendly solutions,” said Mauro Roversi, private equity chief investment officer and founding partner at Ambienta.

Global infrastructure represents a €12 trillion market, accounts for 5 percent of global CO2 emissions, underpinned by structural macro-economic trends driving global growth, the release said. Maccaferri contributes to lowering the environmental footprint by 30 percent to 90 percent.

The transaction is expected to close in Q2 of 2024.

Ambienta is a European environmental sustainability investor across private equity, public market and private credit. Operating out of Milan, London, Paris and Munich, Ambienta manages over €3.0 billion in assets.

Ambienta was advised by Bain (commercial), KPMG (financial, ESG and tax), AlixPartners (operations), PwC (M&A and debt advisory), Clifford Chance (legal) and FRM (tax and structuring).

No financial details of the transaction were disclosed.