# 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.

- Type: Acquisition
- Announced: 2021-01-15
- Where: Belgium
- Status: announced
- Products: sanitary equipment, heating systems, energy-saving products
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [GC-Gruppe](https://endata.com/companies/52549.md) (acquirer)
- [Facq](https://endata.com/companies/52550.md) (target)

## Sources

- [made-in.be](https://www.made-in.be/vlaams-brabant/marktleider-kruipt-in-bad-bij-facq/), 2021-01-15: "Vanuit deze optiek werd zojuist een overeenkomst gesloten met GC-Gruppe om een meerderheidsbelang te nemen in Facq."

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