sur Thermador Groupe (EPA:THEP)
Thermador Groupe Acquires Quilinox to Expand Market Reach
On September 30, 2025, Thermador Groupe finalized the acquisition of Quilinox, a Spanish company based in Paterna, Valencia. The deal, valued at €10.9 million, includes a nearby plot of land suitable for construction. This acquisition was financed through two fixed-rate bank loans with a 7-year maturity, obtained from CIC Lyonnaise de Banque and Société Générale.
Quilinox specializes in distributing stainless-steel equipment such as pumps, valves, and flowmeters across various industries, including food, biotechnology, and chemicals. In 2024, the company reported a turnover of €14.6 million and an EBITDA of €1,422k, employing 41 people across Spain and Portugal. Quilinox's robust client base includes industrial companies and long-standing European suppliers, mainly from Italy.
Thermador Groupe plans to leverage synergies between Quilinox and its existing companies like FGinox and Syveco. Francisco Quiles, founder of Quilinox, will assist with the transition, while Managing Director Fernando Mari will support long-term integration and business development.
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