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Diagram Group
Published in: Press release

CDP Equity and Trilantic Europe complete the acquisition of a majority stake in agritech specialist Diagram from Nextalia

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  • CDP Equity and Trilantic Europe have each acquired a 41.6% stake in Diagram, Italy’s leading agritech hub, purchasing shares from Nextalia. BF Agricola has retained a 15% stake following the transaction.
  • The acquisition strengthens Diagram’s investment capacity in advanced technological solutions supporting its national and international growth ambitions.

Rome, 8th May 2025 – CDP Equity (CDPE), subsidiary of Cassa Depositi e Prestiti Group (CDP), and Trilantic Europe, a leading mid-market, pan-European private equity investor, have jointly completed the acquisition of Diagram’ s majority stak

CDPE and Trilantic Europe have each taken a 41.6% stake in the business totalling 83% of shares, buying out Nextalia, which has held Diagram since December 2022. BF Agricola, a BF group company active in the agro-industrial sectors, has reinvested to retain a 15% equity investment from its original 20% share. The remaining 2% is held by the management, which is reinvesting part of shares as a demonstration of trust in the company’s renewed strategic vision and long-term growth prospects alongside the new shareholders.

Headquartered in Jolanda di Savoia – Emilia-Romagna, Italy, Diagram is the premier player in precision farming services, technological solutions and professional software applications for the agricultural sector including farmers, food processing companies, banks, insurance companies, and public sector entities.

The company services a portfolio of clients covering (with regards to the private sector), over 3 million hectares in Italy and more than 500.000 abroad, with its over 1000 employees and collaborators and 450 partners based in operating sites across Italy and the UK.

Furthermore, Diagram has accelerated its development plan through major strategic initiatives. Two new operational offices have been opened in Milan and Naples to strengthen territorial coverage and reinforce direct relationships with clients and partners. At the same time, new headquarters are to open in Jolanda di Savoia. They will feature a state-of-the-art Innovation Center designed to promote research, the adoption of advanced technologies, and the integration of Artificial Intelligence into precision agriculture.

Diagram has grown exponentially since its inception in 2017, achieving unmatched scale through the implementation of a strategic, cross-border M&A programme and a unique go-to-market strategy driven by partnerships with major industry players in the Italian and international ecosystems.

CDPE’s and Trilantic Europe’s investments will be instrumental in cementing Diagram’s position as the leading agritech platform in Europe, diversifying and strengthening its suite of products and solutions. The firms will also look to expand Diagram’s footprint across private and public markets both nationally and internationally, through organic growth and M&A respectively.

The deal comes at a pivotal moment for Diagram’s leadership journey within the agritech sector, which is seeing increasing public support in the form of the European Commission’s National Recovery and Resilience Plan (NRRP), and ever-growing appetite for precision farming solutions designed to increase productivity and reduce costs.

Roberto Mancini, CEO of Diagram Group, commented:

“With the backing of CDP Equity, Trilantic Europe, and BF, Diagram Group is entering a new chapter defined by a strong focus on innovation and international growth. This strategic evolution marks a significant milestone in our journey. We are especially grateful to Nextalia for their unwavering support and the exceptional work that has brought us to this pivotal point— laying the foundation for the Group’s continued and exponential expansion.”

CDP Equity and Trilantic Europe were advised by Vitale, PedersoliGattai, EY, Bain & Company, White & Case, Foglia & Partners and Di Tanno Associati. Nextalia and the Company were advised by Intesa Sanpaolo (through the Corporate Finance Mid Cap department of IMI Corporate & Investment Banking Division), Deloitte, Legance, Latham & Watkins, Tremonti Romagnoli Piccardi e Associati and Orrick, Herrington & Sutcliffe for UK matters, and ERM. BF group was advised by Esiodo s.t.a.p.a..