Context

Azzurra Capital and Azimut Libera Impresa acquired a 7.9% minority stake in NEXTCHEM. This transaction was executed via the vehicle Azzurra Next One, which purchased the shares from Maire Investments (the family office of the Di Amato family). The strategic rationale for this transaction is to strengthen NEXTCHEM's shareholder structure and validate its growth trajectory ahead of a planned IPO on the Milan stock exchange. The deal allows MAIRE to maintain majority control (82.1%) while institutionalizing the technology platform to accelerate its global acquisition strategy, as illustrated by the simultaneous purchase of the Ballestra Group.

Target

NEXTCHEM is the sustainable technology division of the MAIRE Group, dedicated to enabling the energy transition and decarbonization of the global chemical industry. Its business model focuses on developing, licensing, and scaling innovative proprietary technologies in green chemistry, circular economy, and low-carbon fertilizer production. Strategically, NEXTCHEM acts as an industrial technology platform that bridges the gap between lab-scale innovation and commercial-scale industrial realities. The organization’s value proposition is centered on providing a comprehensive suite of solutions for electrification, recycling, and operational efficiency. By leveraging MAIRE’s global commercial network and engineering heritage, the firm aims to deepen its access to fast-growing specialty chemical end-markets while significantly expanding its portfolio of market-ready sustainable technologies.