◂ Announcements

Jan 15, 2021ACQUISITIONBelgium

GC-Gruppe to acquire majority stake in Facq

German GC-Gruppe, Europe's largest distributor in the sanitary, heating and energy-saving sector, has agreed to acquire a majority stake in Belgian family-owned Facq. The deal is subject to European Competition Network approval.

Status

Announced

Productssanitary equipmentheating systemsenergy-saving products

CompaniesGC-Gruppe acquirer Facq target

Sectors#HVAC and Industrial Refrigeration

“Vanuit deze optiek werd zojuist een overeenkomst gesloten met GC-Gruppe om een meerderheidsbelang te nemen in Facq.”made-in.be

1 source
made-in.beMarktleider kruipt in bad bij Facq - Made inAlain TrappeniersJan 15, 2021

Summarized from public sources; check the original articles before acting on it.

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