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Announced

Completed

Aldes Group completed the acquisition of Aereco Group.

Synopsis

Aldes Group, a specialist in ventilation and thermal comfort solutions, completed the acquisition of Aereco Group, a provider of ventilation solutions for residential and office buildings. Financial terms were not disclosed. "Combining the production capacities of the Aldes Groupe and Aereco will create many synergies. Operational ones in areas such as technical complementarity, products, laboratory resources, developments and industrial skills, and commercial ones with the complementarity of sales offers and geographic positions in Northern Europe, China, North America and the Middle East," Aldes Group.

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