Announced
Financials
Sources
Tags
Domestic
Private Equity
Majority
France
Private
Acquisition
refrigeration services
Facilities Technology
Friendly
Pending
Single Bidder
Synopsis
Ardian-backed Syclef, a firm engaged in the installation and maintenance of refrigeration systems, agreed to acquire GEA Réfrigération, a French refrigeration installation and maintenance business. Financial terms were not disclosed. “I am convinced that our complementarities and synergies will enable us to enrich each other's technical expertise, to develop and to better serve our customers. Once the negotiations are successful, we look forward to the arrival of all GEA Refrigeration France employees among us," Hervé Lohéac, Syclef Chairman.
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