Nextalia SGR S.p.A. has announced the acquisition of a majority stake in Westrafo S.r.l., a leading producer of electrical transformers and integrated energy solutions, marking a significant move in the growing renewable energy and electrification market.

The transaction was conducted on behalf of the Nextalia Private Equity Fund, in partnership with the Cracco family, who will retain a significant minority stake. Alberto Cracco will remain as Chairman and CEO, while Antonio Cracco will serve as Honorary Chairman.

Founded in 2014, Westrafo has experienced over 40% annual growth in the last five years, reaching €100 million in sales and a workforce of around 200. It operates five production sites across Italy, Ghana, and the U.S., supplying over 20 international markets.

The investment aligns with Nextalia's strategy to support Italian entrepreneurial excellence, particularly in sectors with long-term growth potential such as renewable energy, battery storage, and data centers.

Francesco Canzonieri, CEO of Nextalia, said the acquisition supports sustainable infrastructure aligned with UN SDGs. Valentina Pippolo, CIO of Nextalia, emphasized the Cracco family's continued leadership in expanding Westrafo's global presence.

The deal is pending customary regulatory and closing conditions.