VBG Group acquires Italytec Imex in Brazil for 260 MSEK

VBG Group's Mobile Thermal Solutions division agreed to acquire all shares in Italytec Imex Indústria e Comércio Ltda., a Brazilian HVAC manufacturer for offroad vehicles, for an estimated 260 MSEK plus additional earn-out of 27 MSEK.

“The acquisition of Italytec, complements Mobile Thermal Solutions and strengthens our position within the offroad vehicle market.”vbggroup.com

• 1 source
• vbggroup.comVBG Group acquires the Brazilian company Italytec Imex Indústria e Comércio Ltda.Jan 29, 2025

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