# GEA sells refrigeration contracting operations in Spain and Italy to Clauger

GEA signed an agreement to sell its refrigeration contracting operations in Spain and Italy to Clauger. The transaction is expected to close in autumn 2021.

- Type: Acquisition
- Announced: 2021-06-28
- Where: Castel Maggiore (Italy) and Alcobendas (Spain), Italy
- Status: announced
- Products: refrigeration contracting services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [GEA](https://endata.com/companies/3367.md)
- [GEA](https://endata.com/companies/3367.md) (target)
- [Clauger](https://endata.com/companies/51713.md) (acquirer)
- [GEA Refrigeration Italy S.p.A.](https://endata.com/companies/56306.md) (target)
- [GEA Refrigeration Ibérica S.A.](https://endata.com/companies/56307.md) (target)

## Sources

- [gea.com](https://www.gea.com/en/news/corporate/2021/gea-signs-to-sell-refrigeration-operations/), 2021-06-29: "GEA yesterday signed an agreement to sell its refrigeration contracting operations in Spain and Italy to Clauger, the French family-owned company that specializes in industrial refrigeration and air-conditioning systems."
- [financecommunity.it](https://financecommunity.it/mediobanca-al-fianco-di-gea-group-nellaccordo-per-la-cessione-a-clauger-delle-attivita-di-refrigerazione-in-italia-e-spagna/), 2021-07-07: "GEA Group, uno dei più grandi fornitori di tecnologia per la lavorazione degli alimenti, ha firmato un accordo per la vendita a Clauger SAS delle proprie attività nel settore della refrigerazione in Spagna e in Italia."

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