Stalam was established in 1978 in Italy’s North-Eastern Vicenza province, by local investors having a strong background in industrial machinery.
In 1990 Mr. Cavestro, Stalam’s Chairman until late 2016, acquired the company leading a group of industrial and private investors, under the name of Stalpart. In 2002, the Italian private equity fund 21 Investimenti, established by Alessandro Benetton – a member of the Benetton family, well known in the textile and fashion business, entered the company with a minority stake and Stalam changed its legal status from limited liability company (S.r.l.) to joint stock company (S.p.A.).
In 2005, Stalam established a j-v company in China, Stalam (Shanghai) DEYI, in partnership with local investors, through Stalam Asia Pacific as the investment vehicle, by acquiring the majority stake of a partially privatised, former state-owned industrial machinery manufacturer.
In may 2023 a private investor club deal organized by Deal Source Italia has finalized the acquisition of 100% of Stalam’s share capital from the IdeA Efficienza Energetica e Sviluppo Sostenibile fund managed by DeA Capital Alternative Funds SGR in partnership with the company’s management.