This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

https://ccsheretohelp.uk/products-services/buildings/facilities-management/?utm_campaign=fm&utm_medium=display&utm_source=trade&utm_content=premises_fm&utm_term=

Carel Group acquires entire share capital of Recuperator SpA

29 November 2018

Carel Industries SpA announced that the acquisition of the entire share capital of Recuperator SpA, an Italian company active in the design, production and consumption of "air-to-air" heat exchangers has been completed.

The operation is related to the implementation of one of the main pillars of the Group's strategy, which envisages targeted growth through M&A activities, also through complementary products in reference applications, in order to strengthen its core business.

Integration with Recuperator SpA in fact, will expand the product portfolio on offer in the HVAC market, consolidating CAREL's role as a supplier of complete solutions to manufacturers of air handling units, providing them with ever better solutions in terms of performance and energy efficiency.

The combination of the technology used by the company involved in the transaction with CAREL’s technology and its widespread sales network will help strengthen the Group's European leadership in its market niches and to achieve major technological and commercial synergies.

Furthermore, the regulatory context in which the operation has been completed is particularly important and favourable.

Indeed, EU Regulation no. 1253/2014 (so-called Ecodesign) provides for the mandatory presence of a heat exchanger for some categories of non-residential air handling units.

Francesco Nalini, Chief Executive Officer of the Group, said: "The transaction completed today is an expression of a particularly important strategic direction, that of growth through M&A, to which CAREL is paying and will continue to pay particular attention over the coming quarters.

"The integration with dynamic, cutting edge and complementary companies with respect to our business will be an accelerator of development that will be accompanied by organic growth, the latter based on the characteristics that have always distinguished us: innovation, energy efficiency and customer care."


Contact Details and Archive...

Print this page | E-mail this page

MOST VIEWED...


Article image Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the rubbish for general collection.Full Story...

Article image YLOTY2018 winner comments on his success on the night

This year's PFM Awards Young Leader of the Year winner, Kristian Trend, gives his reaction winning the award after receiving his trophy on 7 November at The Brewery in London.Full Story...

New company now running Interserve business

Creating Value from Waste Furniture

Impact of noise at work revealed by survey

http://www.fsifm.comhttps://www.pickfords.co.uk/moving-your-businesshttps://registration.n200.com/survey/3c0sqqc8zvh67?actioncode=000045QNDhttps://cleaningshow.co.uk/londonhttps://www.daikinapplied.uk/servicehttp://www.pfmawards.co.uk/categories/