Ambienta’s Wateralia picks up Caprari Trading

• Caprari Trading is Ambienta’s third acquisition
• Ambienta is a European asset manager focused on environmental sustainability
• The firm is based in Milan, Italy

Ambienta’s platform company Wateralia has acquired Linea Ricambi and Bergomi Trading, combined under the name Caprari Trading, a distributor of water pumps and spare parts.

No financial details of the transaction were disclosed.

Linea Ricambi and Bergomi Trading are headquartered in Modena, Italy.

Caprari Trading is Ambienta’s third acquisition as part of its buy-and-build platform strategy in the water pumps sector.

“This combination will further enable us in our expansion and consolidation efforts in the sector, while also marking the first step for Wateralia to directly enter the distribution channel via M&A,” said Mauro Roversi, founding partner and private equity CIO at Ambienta.

Ambienta first acquired Caprari in February 2021 and completed the acquisition of Calpeda in July 2022. The firm then rebranded the combined group as Wateralia.

The combined Wateralia group now has over €240 million in sales and over €40 million in EBITDA.

Wateralia’s acquisition of Caprari Trading will result in premium aftersales services, strengthen its product distribution network and operate – via Caprari Trading – as an international spare-parts trading platform, according to a release.

Ambienta is a European asset manager focused on environmental sustainability. The firm is based in Milan, Italy.