CDP Equity (CDPE), a subsidiary of the Cassa Depositi e Prestiti Group (CDP), and Trilantic Europe, a prominent pan-European private equity firm, have jointly acquired a majority stake in Diagram Group, an Italian agritech innovator.
According to a recent press release, the two investors now hold a combined 83% stake in Diagram Group, with each owning 41.6%.
This acquisition marks the exit of the investment platform Nextalia, which had been a shareholder since 2022. Meanwhile, BF Agricola, part of the BF Group active in agro-industrial sectors, has reinvested to maintain a 15% stake in the company, down from its previous 20%.
Founded in 2017 and based in Emilia-Romagna, Diagram provides technology and software for the agricultural sector, serving farmers, food processors, banks, insurers, and public institutions.
The company operates across Italy and the UK, managing over 2 million hectares domestically and more than 500,000 hectares abroad, employing more than 350 people and collaborating with over 450 partners.
CDPE and Trilantic Europe aim to strengthen Diagram’s position in the European market by expanding its product range and solutions. They also plan to grow the company’s presence in private and public markets through both organic growth and acquisitions.
The deal reflects increasing interest in precision farming technologies and aligns with public support for agriculture through the European Commission’s National Recovery and Resilience Plan (NRRP).
Advisors for the transaction included firms such as Vitale, EY, Bain & Company, White & Case, and others representing CDPE and Trilantic.
Nextalia and Diagram were advised by Intesa Sanpaolo, Deloitte, and several law firms, while BF Group was supported by Esiodo s.t.a.p.a.
