We are delighted to welcome Fanair to the IPCOM Group. Fanair’s strong market presence and experienced team will be invaluable in further expanding our business and further strengthening our position in the Spanish market for HVAC and insulation solutions. With this acquisition, we trust our customers in Spain will benefit from an even broader range of high-quality products and services to meet their needs.
Fanair operates across four strategic locations – two distribution centres and one duct fabrication facility in Madrid, and one distribution centre in Bilbao - and has built a strong reputation for its customer-centric approach and technical expertise. With approximately €40 million in annual sales and a team of 90 employees, Fanair has demonstrated consistent growth and resilience over time.
This acquisition will further enhance IPCOM’s ability to serve the Spanish market with high-quality heating, ventilation, air conditioning, and insulation solutions and deepen its relationships with key suppliers and customers.
My team and I are very excited about our new opportunities with ISOPARTNER. We have built a company with a strong market performance and now we are looking forward to continuing with our growth path. I am confident that this move will bring new opportunities for our employees, customers, and suppliers, and I look forward to contributing to IPCOM’s continued success.