BLF Studio Legale assisted Gruppo Clerici in a series of M&A transactions.


In the press
3 February 2026

Gruppo Clerici, la leading Italian distributor of hydronic, sanitary and bathroom furnishing products, continues its growth strategy through a series of extraordinary transactions, strengthening its presence across multiple areas in Italy.

The acquisitions, led by President and CEO Paolo Clerici and CFO Fabio Ciccarelli, are part of a targeted development strategy that in recent years has seen Clerici expand through selective transactions across various Italian regions.

NSpecifically, Gruppo Clerici acquired 100% of the share capital of Termoidraulica Agostini e Figli Srl, a long-established distributor of hydronic and sanitary products based in Rome; ARYA Group SPA, which offers a portfolio of advanced technologies and systems in the Heating, Climate and Green segments, with solutions aimed at reducing CO₂ emissions; Lazioterm Srl, a leading distributor of hydronic and thermal products operating in the Lazio region; and Home Distribuzione Srl, headquartered in Ciampino (Rome), active in the distribution of surface materials and sanitary fixtures, with a focus on wholesale supply for the hydronic and professional bathroom sector.

The Group subsequently entered into a binding agreement for the acquisition of 100% of Puntoclima S.p.A., a company active since 1997, operating through three sales outlets in the Lazio region, located between Rome and Pomezia, and primarily serving installers and professional operators in the sector.

In January 2026, Clerici finally completed, directly or through its subsidiaries, the acquisition of 100% of the share capital of Madeddu Edilizia S.r.l., a company based in Alghero and active in the wholesale and retail trade of construction and hydronic materials, as well as the acquisition of the operating “ITS” business units of Ferramenta Vico and Edilceramica Eugubina S.r.l.

BLF Studio Legale, with a team composed of partner Giulio Pinetti, senior associate Francesco Ludergnani and associate Gaetano Ruvolo, has assisted Gruppo Clerici, in the series of extraordinary operations .

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