# CAREL acquires additional 30% stake in Arion S.r.l.

CAREL acquired a further 30% of Arion S.r.l. from Bridgeport S.p.A., increasing its total shareholding to 70%. The consideration was approximately €1.2 million.

- Type: Acquisition
- Announced: 2022-04-27
- Where: Bolgare, Bergamo Province, Italy, Italy
- Value: $1.30M (1.20M EUR)
- Status: completed
- Products: sensors for air conditioning and refrigeration
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Carel](https://endata.com/companies/5519.md) (acquirer)
- [Arion S.r.l.](https://endata.com/companies/62548.md) (target)
- [Bridgeport S.p.A.](https://endata.com/companies/62549.md) (partner)

## Sources

- [carel.com](https://www.carel.com/news-detail/-/asset_publisher/FWCUXAoY43Lv/content/carel-acquires-70-of-the-share-capital-of-arion-s-r-l-/10191), 2022-04-27: "The transaction is consistent with the Group's long-term strategy since the use of increasingly advanced sensors will make the equipment more efficient, more reliable and more connected with the eco-system in which they are inserted."

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