# Hoshizaki acquires Italian ice machine maker Brema

Hoshizaki has agreed to acquire all shares of Italian commercial ice maker manufacturer Brema, based in Milan. The transaction is expected to close in May 2022. Brema had sales of €41.9 million in 2021.

- Type: Acquisition
- Announced: 2022-01-20
- Where: Milan, Italy, Italy
- Status: announced
- Products: commercial ice machines
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Hoshizaki](https://endata.com/companies/21057.md) (acquirer)
- [Brema](https://endata.com/companies/60483.md) (target)

## Sources

- [usa.cateringinsight.com](https://usa.cateringinsight.com/hoshizaki-joins-middleby-and-ali-group-in-driving-equipment-market-consolidation/), 2022-01-20: "Hoshizaki said the move will allow it to compete more effectively at the lower end of the market."

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