Carel acquires 51% of CFM Soğutma ve Otomasyon

Carel signed a binding agreement to acquire 51% of CFM Soğutma ve Otomasyon A.Ş., a Turkish distributor and service provider in the HVAC and refrigeration market. CFM reported 2020 revenues of €14.5 million.

“Gide and Chiomenti have advised Carel for the signing of a binding agreement for the acquisition of 51% of CFM Soğutma ve Otomasyon A.Ş.”gide.com

• 2 sources
• gide.comGide and Chiomenti advise Carel, for the acquisition of 51% of CFM Soğutma ve Otomasyon A.Ş. GideMay 6, 2021
• refindustry.comCAREL completes the acquisition of 51% of the share capital of CFM Soğutma ve Otomasyon A.Ş - RefindustryJun 4, 2021

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