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New Deal


Announced

Ardian-backed Syclef to acquire GEA Réfrigération.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private Equity

Majority

France

Private

Acquisition

refrigeration services

Facilities Technology

Friendly

Pending

Single Bidder

Synopsis

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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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