Announced

Epta to acquire Misa cold storage business from Purever.

Synopsis

Epta, a commercial refrigeration solutions provider, agreed to acquire Misa cold storage business from Purever, a company that designs and manufactures clean rooms, customized building systems. Financial terms were not disclosed. “The deal signed with Purever Industries not only enriches our ecosystem with a new partner to better serve the needs of our customers but is consistent with our status as a market leader and the principles we have upheld: the total need for an aggregation policy that can bring know-how and synergies to compete in an increasingly global and dynamic market. The sale of such a specialised business is a physiological step in order to continue Epta's path of consolidating its leadership in its core business and will allow the Company to concentrate its investments in complete refrigeration systems and services, bringing the Group one step closer to its goal of becoming the global leader in commercial refrigeration, in the spirit of sustainable innovation," Marco Nocivelli, Epta President and CEO.

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