Subscribe to the daily news Sign in
En
GEA closes sale of refrigeration contracting and service activities in France

GEA closes sale of refrigeration contracting and service activities in France

GEA successfully concluded the sale of its refrigeration contracting and service operations in France after entering exclusive negotiations with Syclef in September 2021.

Both parties have agreed not to disclose the financial details of the transaction. On the French market, GEA will now focus on selling compressors and related services and equipment, such as spare parts, to packagers and contractors.

Founded in 2003, Syclef is a leading French company specialized in the installation and maintenance of refrigeration and HVAC systems. Based in Rousset (Souh of France), the company counts about 1,100 employees in 34 independent entities in France. With the acquisition of GEA’s refrigeration contracting and service activities in France, Syclef strengthens its pure player leading position on the French refrigeration and HVAC market.
Related tags: HVAC, refrigeration
Share

Related news

CAREL Reports €578.5 Million Revenue for 2024 Amid Market Challenges
CAREL Industries S.p.A. has announced its financial results for 2024, reporting consolidated revenues of €578.5 million, an 11.0% decline compared to 2023. Adjusting for currency exchange and a...
21 Mar 2025
CCR unveils new brand identity after separation from Carrier
CCR Commercial Refrigeration, formerly known as Carrier Commercial Refrigeration, has introduced a new brand identity following its acquisition by Haier. The rebranding includes a refreshed logo, u...
06 Jun 2025
University of Ljubljana Develops Solid-State Cooling to Replace Tox...
New elastocaloric system promises safer, more efficient alternative to vapor-compression cooling. Researchers at the University of Ljubljana, Slovenia, are developing a solid-state c
14 May 2025
CAREL receives UL certification for A2L-ready control components
CAREL has obtained UL LZGH2/8 certification for several product lines designed for use with mildly flammable refrigerants. The certified ranges include pCO (pCO5+), c.pCO (c.pCO and c.pCO mini), c....
13 Jun 2025
Eurovent joins ECO Platform to support harmonised EPD data
Eurovent has joined the ECO Platform as a new member, reinforcing its commitment to climate action and resource efficiency in the building and construction sectors. The ECO Platform is...
11 Jun 2025
Eurovent releases first Industry Recommendation on moisture recover...
Eurovent has released the first edition of its Industry Recommendation 17/14, addressing moisture recovery in ventilation and air-conditioning systems. Published on 5 June 2025, the document provid...
13 Jun 2025