EPTA S.P.A. continues to grow in Germany with the acquisition of HEIFO refrigeration activities

Epta S.p.A. (EPTA), global player in commercial refrigeration, continues to grow and strengthens its presence in northern Germany through the acquisition of HEIFO GmbH & Co. KG. (HEIFO) refrigeration activities. Based in Osnabrück, this fourth-generation family business with experience in industrial and commercial refrigeration services, as well as in professional air-conditioning and food industry solutions. The transaction provides for the transfer of all refrigeration activities, worth around 25.0 million Euro in 2022 with over 120 employees, from HEIFO to a newco 100% owned by EPTA (HEIFO Kältetechnik GmbH), ensuring continuity in day-to-day business activities. The perimeter of the transaction does not include food industry solutionsbusiness, ”Professional Food Solutions” (HEIFO PFS-Group), that will be kept by HEIFO.