HomeServe acquired Instalaciones Hidalgas, a leading Spanish HVAC firm, enhancing its market presence and service offerings in Spain.

Target Information

Instalaciones Hidalgas, a prominent player in Spain's heating, ventilation, and air conditioning (HVAC) sector, has been a key provider of HVAC solutions in the country. With a strong reputation for quality and customer service, Hidalgas has established itself as a market leader, offering a variety of services that cater to both residential and commercial clients. The company's strategic commitment to innovation and sustainability has positioned it favorably in a competitive landscape.

The sale of Instalaciones Hidalgas to HomeServe marks a significant transaction in the HVAC industry, underscoring the growing demand for effective home services among consumers in Spain. As part of a larger organization, Hidalgas will likely benefit from increased resources and expanded operational capabilities, enhancing its service offerings.

Industry Overview in Spain

The HVAC industry in Spain is robust, characterized by a diverse range of companies providing heating, cooling, and ventilation solutions. Driven by a combination of climate variations and a rising emphasis