Clauger acquires GEA Refrigeration’s industrial refrigeration activities in Italy and Spain, accelerates its international development


01/11/2021

Clauger takes another step forward with the largest acquisition in its history.

This Friday, October 29, 2021, Clauger finalized the acquisition of GEA Refrigeration Spain S.A and Italy S.p.A, formerly Grenco and Technofrigo, to create two new entities: Clauger xGrenco Ibérica & Clauger-Technofrigo.

 

 

This merger is a tremendous boost to Clauger’s international development strategy, particularly in Italy, Spain and Portugal.

It allows Clauger to consolidate and strengthen its positions in these high potential geographical areas where the company was already present. 

 

With the integration of competent and experienced teams, Clauger joins forces with its current teams to enrich its offer, the purpose of which is to bring more and more added value to its customers.

 

Thanks to the local teams, Clauger strengthens its geographical proximity to better support its customers.

The company is now in a position to broaden its offer by proposing different complementary technological solutions in industrial refrigeration, air treatment, environment, energy optimization, etc.

Clauger will also expand and add their products and expertise (Process Gas Efficiency) to develop new markets and new horizons.

 

 “Clauger considers every acquisition an organic growth project. For us, it is about creating a strong dynamic in a geographical area that translates into projects and opportunities for our teams and our customers,” says Frédéric MINSSIEUX, CEO of Clauger.


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