VEOLIA, a world leader in environmental solutions, announces the integration of FRIMARTE, a Galician company specialising in naval and industrial refrigeration and air conditioning installations. This transaction is in line with VEOLIA’s new strategic program, GreenUp, to accelerate the implementation of affordable and replicable solutions around the world that decontaminate, decarbonize and regenerate our resources. One of the drivers of GreenUp is energy efficiency and low-carbon local energy production.
About VEOLIA
VEOLIA is a world leader in energy, water, waste management and optimised resource management.
In Spain, VEOLIA designs innovative solutions for the sustainable development of cities and companies through optimised energy, water and waste management. With more than 14,000 employees, VEOLIA has become a reference in the energy transition.
About FRIMARTE
FRIMARTE has more than 30 years of experience in industrial refrigeration projects with solutions ranging from technical engineering advice to the supply, assembly, testing, commissioning and maintenance of any refrigeration installation.
The company places special emphasis on factors such as energy efficiency, safety and reliability in operation to ensure the maximum performance of each installation. Its client portfolio includes important industries, as well as numerous clients in the naval sector.
“Our integration into Veolia represents a great business opportunity for our company as it strengthens our position in the market and allows us to combine our technical capacity with the wide range of services that Veolia offers,” says Rafael López, manager of Frimarte.
*Source: https://www.veolia.es/noticias/integracion-firmarte
ALBIA | IMAP
ALBIA | IMAP is a firm specializing in mergers and acquisitions in the middle market. It is part of IMAP, an international organization with a presence in 50 countries with more than 500 specialists in M&A. IMAP is consistently in the Top 10 financial advisors globally, being the first independent. During 2024, IMAP has now completed 154 corporate transactions globally, 30% of which are cross-border transactions.
In Spain, ALBIA | IMAP closed 10 transactions in 2023 in various sectors such as: Services, Industry or Technology, among others.