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Arcadia Private Equity SGR, through the Arcadia Small Cap II fund, acquired a 60% stake in Kfl Est S.r.l. and Cbs Est S.r.l., both Italian HVACR specialists. Kfl Est manufactures custom heat exchangers, and Cbs Est produces custom products for air conditioning, refrigeration, and heating.
“Arcadia SGR acquired a majority stake in the HVACR specialists Kfl Est and Cbs Est.”world-ma.com
Summarized from public sources; check the original articles before acting on it.