# Sofindev acquires majority stake in Arco

Sofindev acquired a majority stake in Arco, a Belgian player in industrial refrigeration and freezer installations. The partnership was announced on December 1, 2022.

- Type: Acquisition
- Announced: 2022-12-01
- Where: Belgium
- Status: announced
- Products: industrial refrigeration, freezer installations
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [ARCO](https://endata.com/companies/14796.md) (target)
- [Sofindev](https://endata.com/companies/37678.md) (acquirer)

## Sources

- [sofindev.com](https://www.sofindev.com/en/news/sofindev-concludes-partnership-with-arco-a-leading-belgian-player-in-industrial-refrigeration-and-freezer-installations), 2022-11-30: "Sofindev and Arco announce their agreement on a partnership in which Sofindev acquires a majority stake in Arco."

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