Elemaster Group

Elemaster Group

Gabriele Cogliati founded Elemaster in 1978 as an electronics manufacturing services provider specializing in printed circuit boards and complex electronic components. The firm has since scaled into a multinational industrial group with production facilities in Italy, Romania, and the United States. Second-generation leadership rests with his daughter Valentina Cogliati, who serves as President and CEO, and son Giovanni Cogliati as Vice President and Chief Commercial Officer. Elemaster's core business involves high-mix, low-volume electronics manufacturing for sectors including medical devices, industrial automation, and railway systems. Outside its industrial operations, the firm deploys capital through venture investments, focusing on early-stage technology companies with an emphasis on industrial tech and automation — areas where its manufacturing expertise provides direct operational overlap. The group maintains a joint venture with India-based Syrma SGS, broadening its manufacturing footprint into the Asian subcontinent. The Cogliati family office operates adjacent to the industrial group, with investments managed through Elemaster Group. While total assets under management remain undisclosed, the group's physical footprint — encompassing headquarters in Lomagna, a commercial office in Osnago, warehouse space in Casatenovo, and a Montevecchia office building — signals a capital base built over four decades of industrial operations. The family is also linked to Fondazione Sinderesi, a philanthropic vehicle. Elemaster's structural differentiator is the tight coupling between operating business and investment allocation. Unlike most family offices that manage financial assets first and operating companies second, Elemaster runs the reverse: an active industrial manufacturer whose balance sheet and cash flows feed a venture portfolio. This allows the investment arm to diligence and support hard-tech and industrial automation deals with lived manufacturing experience — a posture that separates it from allocators sourcing purely through fund relationships.