Clessidra Private Equity SGR announced the acquisition of MiCROTEC, a leading player in wood and food scanning solutions, from the Austrian GSS GmbH. Federico Giudiceandrea, founder and Chairman at MiCROTEC, will retain his stake in the company and continue his crucial involvement in the company’s R&D strategy, shepherding the business through its next wave of innovation.

MiCROTEC is able to offer integrated scanning solutions for both the wood processing and the food quality control markets. The company’s flagship product, with integrated computerised tomography technology, is unique in the market and its technology was recently in the spotlight thanks to its precious contribution in the identification of the most suitable oak trees required to rebuild the spire of the medieval Catholic Paris-based church Notre Dame. MiCROTEC’s technology allowed the foresters to make informed decisions and guide the selection process with precision without wasting any trees. MiCROTEC, headquartered in Brixen (Italy), has direct presence in Italy, Northern America, Sweden, Finland and Germany and employs approximately 450 people across the world.

“We are thrilled to partner with MiCROTEC, which over last years has established itself as preferred partner for world leading players, both in the wood and the food industry,” said Andrea Ottaviano, CEO at Clessidra Private Equity SGR. “MiCROTEC has consistently outperformed its reference markets generating double digit revenue growth for the last 15 years. We would like to thank the Springer family for their invaluable role in past years and we look forward to continuing the successful collaboration.”