R&M acquired by Swiss investors

SWITZERLAND/SPAIN: Swiss investment group Ufenau Capital Partners has acquired a majority stake in Spanish industrial refrigeration company Diseño y Mantenimiento de Plantas Frigoríficas (R&M).

Previously known as APR, the €30m turnover business is based in Valencia, with more than 70 employees across its facilities in Valencia and Madrid. 

R&M is active in the field of design, installation, and maintenance of mid to larger industrial refrigeration projects in Spain, mainly for leading companies in the growing food and logistics sectors.