Contractor Kriotec acquired by Köberl Group

GERMANY: Facility administration and specialized making products and services enterprise Köberl Group has expanded its portfolio with the acquisition of Wiesbaden-primarily based air conditioning and refrigeration contractor Kriotec.

The Köberl Group claims the acquisition of Kriotec Kälte- und Klimatechnik GmbH and Kriotec Gewerbekälte GmbH will enable it to right offer you cooling, refrigeration and air conditioning technological innovation and bolster the group’s existence in the Frankfurt/Rhein-Primary location.

Kriotec’s running partners, brothers Charalampos and Panagiotis Serpetzis as very well as Mario Montaldo, have remained on board and maintain a stake in Köberl Group. 

The acquisition follows the order of a majority stake in Köberl by European expense business Gimv at the beginning of 2020.

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