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Deal closed Apr 2022 · Bolgare, Bergamo Province, Italy Verified

CAREL acquires additional 30% stake in Arion S.r.l.

CAREL Industries S.p.A. has acquired a further 30% of the share capital of Arion S.r.l., increasing its total shareholding to 70%. The transaction aligns with CAREL's long-term strategy to integrate advanced sensor technology for the air conditioning and refrigeration sectors.

“CAREL Industries S.p.A. announces that it has acquired a further 30% of the share capital of Arion S.r.l., the joint venture based in Bolgare (Bergamo Province - Italy), established in 2015 between CAREL and Bridgeport S.p.A. with the aim of developing sensor technology expressly dedicated to the air conditioning and refrigeration sectors.”

Entities

Carel · Acquirer Arion S.r.l. · Target Bridgeport S.p.A. · Mentioned
HVACRefrigeration Sentiment: Positive

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