# SMI and Crippa acquire CMS Costruzione Macchine Speciali

SMI and its parent company Crippa, portfolio companies of Astraco Capital, acquired CMS Costruzione Macchine Speciali, an Italian manufacturer of machines for HVAC and refrigeration sectors.

- Type: Acquisition
- Announced: 2023-09-28
- Where: Vicenza, Italy
- Status: completed
- Products: rolling machines, hairpin machines, presses for HVAC and refrigeration
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SMI S.p.A.](https://endata.com/companies/5378.md) (acquirer)
- [Crippa](https://endata.com/companies/72946.md) (acquirer)
- [CMS Costruzione Macchine Speciali](https://endata.com/companies/72947.md) (target)
- [Astraco Capital Holding](https://endata.com/companies/72948.md) (investor)

## Sources

- [world-ma.com](https://www.world-ma.com/transactions/detail/news/the-astraco-capital-portfolio-companies-smi-and-crippa-acquired-cms-costruzione-macchine-speciali), 2023-09-28: "The purchase was funded through a mezzanine bond underwritten by Equita private debt fund and Alantra private debt fund."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.