Acquisitions in Trentino-Alto Adige, Italy

Cassa Centrale Banca exercised its option to acquire Deutsche Bank’s 40% stake in Prestipay S.p.A., taking full ownership of the consumer credit origination company. The move consolidates Cassa Centrale Group’s control of Prestipay, which distributes consumer loans through the group’s affiliated banks and online channels and showed significant growth since its 2021 launch.

Pollen Street has agreed a strategic growth investment in Wide Group S.P.A, a technology-led insurance broker operating nationally in Italy. The capital will be used to accelerate Wide Group's organic growth, expand its services offering and further develop its proprietary BrokerTech platform, while the founders will continue to lead the business.

Customs Support Group, a Castik Capital-backed customs and trade services provider, has acquired Errek (Errek Trento S.r.l. CAD and Errek Logistica Srl) to strengthen its presence in North-Eastern Italy. The add-on expands Customs Support's local capabilities in customs brokerage, Intrastat declarations and customs consulting across Trento, Bolzano and Vicenza.

KDC/ONE, a Cornell Capital-backed global contract manufacturer for beauty, personal care and household products, has agreed to acquire Zobele Group, an Italian-based innovator and manufacturer of home and air care products. The deal (financed with significant reinvestment from Cornell Capital and CDPQ) expands KDC/ONE’s global manufacturing footprint and capabilities; Zobele’s management and headquarters in Trento, Italy will remain in place.