Ciam S.p.A. has acquired Criocabin, aiming to enhance its offerings in the high-end refrigeration sector and expand international market presence.

Target Information

Criocabin is a historic Italian company that specializes in the production of refrigerated equipment and has been present in the market for over 40 years, with a strong international focus. As of July 31, 2025, Ciam S.p.A., a leader in the HO.RE.CA sector and a prominent player in high-end commercial refrigeration with nearly 50 years of experience, announced the acquisition of all operations and related production facilities of the Criocabin group. With approximately 200 employees and an annual turnover of around 30 million euros, Criocabin aligns well with Ciam's values and strategic objectives.

The merger of these two entities aims to create a powerhouse expected to surpass 70 million euros in revenue while ensuring high profitability and significant production capabilities in Italy. This collaboration integrates specialized production with an emphasis on adapting to individual customer needs rather than conforming to industrial standardization.

Industry Overview

The Italian refrigeration market has seen substantial growth over the past few decades, driven by the increasing demand for quality food storage solutions in both retail and hospitality s