Clauger expands its network in Spain and Italy, signing an agreement with GEA to acquire its industrial refrigeration operations


29/06/2021

Brignais, June 29, 2021 –Clauger announced today that it has agreed with GEA to acquire GEA’s refrigeration installation and service operations in Spain and Italy, strategically expanding, and supporting Clauger’s existing networks and teams in both geographic zones. Both parties have agreed not to disclose the financial details of the transaction, which is still subject to customary closing conditions. Closing of the transaction is expected in autumn 2021.

Clauger, a family-owned company, has grown continually from its inception in 1971 when Paul Minssieux founded Clauger in France. Through strategic actions and a focus on customer satisfaction, innovation, and our people, Clauger has grown from 1 to over 1,600 people in 50 years. With over 15 subsidiaries worldwide and activity in over 90 countries, the people remain central to the success of Clauger. The integration of these new teams will support the growth of Clauger’s international presence and reinforce the ability to better serve clients.

“We are pleased to have found a solid buyer with family-owned group Clauger,” commented Stefan Klebert, CEO GEA Group AG. “We are convinced that the companies can further develop in the hands of Clauger. 

Clauger’s capabilities will be reinforced and expanded to offer industry-leading, differentiated, and easy-to-manage solutions throughout Italy, Spain and worldwide. With this transaction, Clauger will deliver compelling value to our customers while also gaining the opportunity to accelerate the execution of long-term strategies. Clauger will continue to grow in the industrial refrigeration and air treatment sectors and develop new services and areas of expertise in the future, such as energy optimization and process, gas, and efficiency projects. As Clauger looks to the future, our solutions must not only strive for excellence but also sustainability. We look forward to discussing those in more depth with you.  

“This year Clauger is celebrating its 50th anniversary. At this important milestone for the company, the integration of new collaborators aligns completely with where we are today and where we’re going tomorrow,” commented Frédéric Minssieux, CEO of Clauger. “It illustrates our desire to continue our development and internationalization. With this new challenge, Clauger will be able to count on experienced teams, well established locally, to jointly build the group’s future in Spain and Italy over the next 50 years. “

 

Media Contact:
Kacey HEBERT
Phone +33 7 66 22 41 26
khebert@clauger.us

 

About GEA

GEA is one of the world’s largest systems suppliers for the food, beverage and pharmaceutical sectors. The international industrial technology group specializes in machinery and plants as well as advanced process technology, components, and comprehensive services.

With more than 18,000 employees, the group generated revenue of more than EUR 4.6 billion in fiscal year 2020. A major focus is on continuously enhancing the sustainability and efficiency of customers’ production processes. GEA plants, processes and components help achieve significant reductions in carbon emissions, plastic use and food waste in production worldwide. In this way, GEA makes a decisive contribution toward a sustainable future, fully in line with its corporate philosophy of “engineering for a better world.” GEA is listed in the German MDAX and the STOXX® Europe 600 Index and is also among the companies comprising the DAX 50 ESG and MSCI Global Sustainability Indices. 

About Clauger

Founded in 1971, Clauger is a family-owned company based near Lyon, France. A global market leader in industrial refrigeration and air treatment, Clauger has 15 international subsidiaries and over 60 agencies in France. Clauger provides the design, manufacturing, installation, commissioning, and service for its clients. Today, the company employs approximately 1,600 persons and is present in more than 90 countries.


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