# Modutec acquires majority stake in co-at Marine

Modutec announced a majority investment in co-at Marine, a Glasgow-based marine and offshore HVAC and refrigeration services company, adding 10 skilled personnel to bolster its HVAC, piping, and electrical solutions for the marine, offshore, renewables, and onshore process sectors.

- Type: Acquisition
- Announced: 2022-12-09
- Where: Glasgow, Scotland, United Kingdom
- Jobs: 10
- Status: completed
- Products: marine and offshore HVAC and refrigeration solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Modutec](https://endata.com/companies/67234.md) (acquirer)
- [co-at Marine](https://endata.com/companies/67235.md) (target)

## Sources

- [modutec.com](https://modutec.com/modutec-acquires-scottish-based-marine-hvac-services-company/), 2022-12-09: "I am delighted that co-at Marine have joined forces with us in order to bolster our HVAC & Refrigeration capability across all our existing regions but especially for our UK, Europe and Africa regions."

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