World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Vidal leads Geneglace buy-out

Serge Vidal has led the Geneglace buy-out from GEA

FRANCE: French ice machine manufacturer Geneglace has been the subject of a management buy-out from the GEA Group.

The buy-out was led by GEA Refrigeration France MD Serge Vidal, who has been involved with Geneglace for nearly 30 years, since joining the company as domestic sales manager in 1989.

Based in Les Sorinières, near Nantes, Geneglace produces a wide range of flake and liquid ice machinery, including ice generators and storage systems.

GEA says it decided to sell the business for “strategic reasons”, explaining that its focus was increasingly on “the production of complex technologies and solutions for sophisticated production processes.”

“We are pleased to be able to put the production of Geneglace into experienced hands,” said GEA Group CEO Jürg Oleas. Our long-standing cooperation means that we are very familiar with Serge Vidal’s qualities and are convinced that this solution also ensures the best possible continuity in the interests of customers,” he added.

GEA Geneglace has 30 employees with a turnover last year of €12.5m.

Latest News

27th March 2024

Daikin redesigns Perfera R32 air conditioner

BELGIUM: Daikin Europe has announced a next generation All Seasons Perfera R32 air conditioner with redesigned indoor and outdoor units, making them easy to install and use.
27th March 2024

Press fittings go large

UK: Conex Bänninger has expanded its >B< MaxiPro range of press fittings with the addition of a 1⅝in fitting.
27th March 2024

Distilling the zero carbon benefits of heat pumps

IRELAND: An Irish distiller is now producing carbon neutral whiskeys following the installation of high temperature heat pumps from Finnish manufacturer Oilon.
27th March 2024

Daikin acquires Danish distributor

DENMARK: Daikin has acquired its Danish HVAC distributor BKF-Klima A/S from Swedish refrigeration and air conditioning wholesaler Beijer Ref.
26th March 2024

Low carbon specialist moves to new premises

UK: Strong growth has prompted Hull-based BREng, the building services company specialising in low-carbon air conditioning and heat pump projects, to move to new offices in the city centre.
26th March 2024

RSL acquired by Belgian insulation company IPCOM

UK/IRELAND/BELGIUM: RSL Group, the long-established UK and Ireland refrigeration and air conditioning distributor, has been acquired by IPCOM, a Belgium-based distributor and converter of technical insulation.