(Information sent by the signatory company)

Confianz, firm specialized in M ??advisory

In this strategic operation, Confianz provided comprehensive advisory services in the structuring, negotiation and closing of the transaction on behalf of the Iparfrío Group. Manuel Urrutia, Managing Partner of Confianz, commented: “This operation with the Iparfrío Group marks a significant milestone, not only for the parties involved, but also for the refrigeration and air conditioning sector in general. At Confianz, we have worked closely to ensure “That every aspect of this transaction reflects the value and strategic vision of Iparfrío. Our approach has allowed us to not only successfully close this sale, but also establish a solid path for the future growth and expansion of the Iparfrío Group together with Syclef.”

The Iparfrío Group, with more than 45 years of experience, has shown solid growth, increasing its turnover from 14 million euros in 2018 to a projection of 35 million by 2028, thanks to a solid organic growth project and the acquisition of complementary companies jointly with Syclef.

For its part, the Syclef Group, with more than 30 subsidiary companies in France and a turnover of more than 300 million euros, acquires the Iparfrío Group with the aim of using it as a platform for its growth in Spain, both organically and through more complementary acquisitions in Spain and, thus, create a significant group through its Syclef Iberia holding company.

Manuel Urrutia also highlighted the importance of globally understanding the company and the market in which it operates to successfully carry out a M operation.

The Confianz team responsible for carrying out this operation was led by Manuel Urrutia, together with Álvaro Mendiola, Rebeca Sánchez and Guillermo Pampín in the legal and tax area, and Teresa Urrutia in financial matters.

On behalf of the Syclef Group, its legal advisors were the English firm Pinsent

Contact:

Trust