# Emicon acquires 70% of Hidros to form Italian industrial group

Emicon SpA has acquired 70% of Hidros SpA's capital, creating an Italian industrial group with a turnover of €40 million and 150 employees. The deal was agreed on January 17, 2017.

- Type: Acquisition
- Announced: 2017-01-17
- Where: Italy
- Jobs: 150
- Status: completed
- Products: heat pumps, dehumidification equipment, climate control systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Emicon SpA](https://endata.com/companies/22194.md) (acquirer)
- [Hidros SpA](https://endata.com/companies/22195.md) (target)

## Sources

- [heatingandventilating.net](https://www.heatingandventilating.net/hidros-and-emicon-agree-industrial-partnership), 2017-02-14: "Hidros SpA... and Emicon SpA have agreed an industrial partnership through which the companies’ products, technologies and distribution networks will be integrated."

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