EPTA INVESTS IN PORTUGAL FOR ITS GROWING DEMAND FOR GREEN TECHNOLOGIES

15/12/2021

Epta invests in Portugal with the acquisition of Eurocold, a company specialising in engineering, installation and maintenance services in the area of commercial and industrial refrigeration. Based in Porto, with branches in Lisbon and Portimão, it is a key player thanks to its consolidated partnerships with the main Retailer brands. Moreover, it also operates in Morocco and the Azores. 

Massimo Marcer, Epta International General Manager, states: “Portugal takes on a strategic importance for Epta due to the high domestic demand for green technologies. The Group will now be able to fulfil such need through sustainable, turn-key projects. This operation will allow us to increase our market presence in Portugal, where Costan and Bonnet Névé brands already boast great notoriety.” He adds: “We are proud to welcome Eurocold team. Together we will give rise to a virtuous, synergetic partnership and foster the evolution of a dynamic market which is increasingly heading towards natural refrigerants and energy-saving solutions.” 

Eurocold distinguishes itself for its technological DNA. This is an element of great added value, which comes in the form of technical assistance services to guarantee Total Customer Satisfaction. The company, in line with the Epta strategy, positions itself in the market as partner of reference in every phase of the project: from consulting to pre-sales, to the selection of the best suited and complete refrigeration solution according to the Client’s needs, up to the installation and after-sales assistance.  

José Teixeira, majority shareholder of Eurocold, declares that “Having aimed at innovative technologies with a low environmental impact and the related success achieved by Eurocold to date with primary national and international Retailer brands are the determining factors that have made our excellence of interest to Epta.” He continues, “Our structure and organisation, together with specific know-how are an important opportunity of growth for the Group.”  

The closing shall be valid from 9th December 2021.