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HVAC and Industrial Refrigerationworld trade 2024+5.3% 5Y CAGR

Nov 22, 2024ACQUISITIONSpain

Lordan buys 19.9% stake in Spanish coil company Sereva

Lordan bought 19.9% of Spanish coil company Sereva and established a new company, Lordan Iberian Coils (LIC), in which Lordan holds a majority stake. LIC will focus on Lordan's existing markets.

Status

Completed

Productscustom evaporator coilsfin and tube heat exchangers

CompaniesLordan acquirer Sereva target

Sectors#HVAC and Industrial Refrigeration

“Lordan has bought 19.9% of the Spanish coil company Sereva in a strategic move which is set to significantly expand the group’s presence in Europe”lordan-uk.com

1 source
lordan-uk.comLordan signs a partnership agreement with Spanish coil company Sereva | BlogNov 22, 2024

Summarized from public sources; check the original articles before acting on it.

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