# Terra Firma Capital acquires Airnou and Termotur

Terra Firma Capital, an investment vehicle led by Marc Giné, has acquired Catalan HVAC companies Airnou and Termotur. The combined entity, Nextclima, has a turnover of €10 million and will operate from Granollers and Pineda de Mar.

- Type: Acquisition
- Announced: 2025-10-06
- Where: Granollers and Pineda de Mar, Spain, Spain
- Status: completed
- Products: HVAC systems, air conditioning, heating, ventilation, aerothermal systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Termotur](https://endata.com/companies/87518.md) (target)
- [Terra Firma Capital](https://endata.com/companies/87677.md) (acquirer)
- [Ainou](https://endata.com/companies/87678.md) (target)

## Sources

- [expansion.com](https://www.expansion.com/catalunya/2025/10/06/68e41adae5fdeafb0c8b4582.html), 2025-10-06: "Terra Firma Capital, un vehículo de inversión comandado por Marc Giné, exdirectivo de Samsung, irrumpe en el negocio de la climatización (HVAC) con la compra de las empresas familiares catalanas Airnou y Termotur."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.