Mercuri Angelo Frindes: Ambienta acquisisce la società di refrigerazione sostenibile

Deal News | Feb 13, 2025 | Finance Community IT - 3 Private Equity

Mercuri Angelo Frindes: Ambienta acquisisce la società di refrigerazione sostenibile

Ambienta SGR, among Europe's leading asset managers targeted towards environmental sustainability, has acquired Mercuri Angelo Frindes, a company excelling in the design, production, installation, and after-sales service of centralized refrigeration systems. The founding Mercuri partners — Ivan, Stefano, and Mauro — plan to reinvest and maintain an active role within the company and the newly formed platform, indicative of the synergetic collaboration geared towards expanding sustainable refrigeration. Assisted by Mediolanum Investment Banking in an advisory role, and bolstered by the strategic outlook shared by Ambienta and Frigoveneta, the platform looks to optimize natural refrigerants like ammonia to drive market growth. The acquisition underlines a trend of shifting towards less polluting alternatives, counterbalancing traditional refrigerants with high global warming potential (GWP). Positioned as the first addition to the Frigoveneta platform, this acquisition illustrates Ambienta's strategic direction of consolidating the fragmented refrigeration industry through targeted acquisitions to cement leadership in both technological offerings and service capabilities, aligning with broader objectives of energy efficiency and sustainability.

Sectors

  • Environmental Sustainability
  • Industrial Refrigeration
  • Private Equity

Geography

  • Italy – Mercuri Angelo Frindes is based in Verdellino, Italy, and the acquisition primarily involves Italian entities.
  • Europe – Ambienta SGR operates as one of Europe's largest asset managers with a focus on sustainability, and they are leveraging European market trends.

Industry

  • Environmental Sustainability – The acquisition emphasizes a commitment to environmental sustainability, focusing on refrigerants with zero global warming potential.
  • Industrial Refrigeration – Mercuri Angelo Frindes specializes in industrial refrigeration systems, which is central to the narrative of the article.
  • Private Equity – Ambienta SGR is a private equity firm that orchestrated the acquisition, highlighting the role of private equity in facilitating business growth.

Financials

    Participants

    NameRoleTypeDescription
    Mercuri Angelo FrindesTarget CompanyCompanySpecializes in centralized refrigeration systems using natural refrigerants, founded in 1975.
    Ambienta SGRAcquirerCompanyA leading European asset manager focusing on sustainable environmental investments.
    FrigovenetaPlatform CompanyCompanyPart of Ambienta's investments, known for energy-efficient refrigeration solutions focusing on CO2.
    Mediolanum Investment BankingFinancial AdvisorCompanyProvided advisory services to the shareholders of Mercuri during the acquisition.
    Ivan, Stefano, and Mauro MercuriShareholdersPeopleFounders and current stakeholders of Mercuri Angelo Frindes who continue to play an active role.