# 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.

- Type: Acquisition
- Announced: 2024-11-22
- Where: Spain
- Status: completed
- Products: custom evaporator coils, fin and tube heat exchangers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Lordan](https://endata.com/companies/81254.md) (acquirer)
- [Sereva](https://endata.com/companies/81255.md) (target)

## Sources

- [lordan-uk.com](https://www.lordan-uk.com/blog/2024/11/lordan-signs-a-partnership-agreement-with-spanish-coil-company-sereva), 2024-11-22: "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"

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