Daikin France buys contractor BV Groupe

FRANCE: Daikin Airconditioning France has attained an settlement to obtain 100% of the shares of industrial refrigeration and air conditioning contractor Groupe BV.

The acquisition will assistance Daikin France’s enlargement into the provider and upkeep market place for industrial cooling tools, as properly as to acquire a new small business region with the introduction of a rental remedies offer.

This is the first acquisition by Daikin Airconditioning France due to the fact it was started in 1993.

Proven in 2011, Groupe BV contains BV Froid, the authentic company launched in 2009, and BV Providers. From the start of its functions, the corporation has specialised in the design and style, set up, upkeep and repair service of industrial refrigeration units. It serves the entire of the Hauts-de-France region and has two agencies dependent in the Oise and Somme locations. It accomplished sales of €7.1m past year.

Groupe BV founders Fabien Van Renterghem (remaining) and Franck Buchner, indicator the acquisition documents with Christophe Mutz (appropriate) of Daikin Airconditioning France

The company’s founders, Franck Buchner and Fabien Van Renterghem, will keep on to help Groupe BV’s growth, which will keep its identify and areas.

“Initially, we opted for organic expansion to guidance our personal technological staff members. Our targets for providing servicing services to the field are pretty large. In purchase to give ourselves the assets to accomplish our ambitions, we consequently wanted to swiftly boost our expertise in this space, and we thus selected to depend on new experts in the field and on new approaches that have proved handy in just the Groupe BV,” mentioned Daikin France president Christophe Mutz.

Primarily based in Nanterre, Daikin Airconditioning France operates 13 product sales offices, four regional branches, 5 specialized and schooling platforms and a massive logistics centre.

Daikin Airconditioning France achieved a turnover of €580m last calendar year.

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