Grupo CVS has acquired a majority stake in Ebrofrío to strengthen its capabilities in the refrigeration market across the Iberian Peninsula.
Target Information
Grupo CVS has acquired a majority stake in Ebrofrío, a company established over 30 years ago and based in Zaragoza. Ebrofrío specializes in the planning, installation, and maintenance of commercial refrigeration systems, which enhances CVS's capabilities in the commercial cold sector and expands its industrial refrigeration expertise, particularly in the central peninsula region.
The acquisition aligns with Grupo CVS's aim to consolidate its position as a leading provider of comprehensive solutions for industrial technical installations across the Iberian Peninsula.
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Industry Overview
The refrigeration industry in Spain has seen significant growth over the last decade, driven by increased demand in sectors such as food preservation, pharm
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Grupo CVS
invested in
Ebrofrío
in 2021
in a Merger deal