Frigoglass completes exit from Russian refrigeration market

Frigoglass Group has completed the disposal of its entire shareholding in Frigoglass Eurasia LLC, the company conducting the Group’s commercial refrigeration business in Russia.

The transaction follows the agreement announced in September 2025 and the receipt of all applicable US, European and Russian regulatory approvals.

The buyer is a strategic investor with significant experience in Frigoglass Eurasia’s sector and region, according to the Group.

Following completion of the transaction, Frigoglass Group has fully exited the Russian market and ceased its operations in Russia.