We are delighted to officially welcome Le Froid Pecomark to the IPCOM family. Since announcing the transaction, we have spent considerable time getting to know the team and identifying opportunities to work together. We are more convinced than ever that Le Froid Pecomark is an excellent fit for our group, and we look forward to supporting Philippe and his team in the next phase of their growth journey.
IPCOM is pleased to announce the successful completion of its acquisition of a majority stake in Le Froid Pecomark, a leading distributor of refrigeration, heat pump and ventilation equipment in France.
With the transaction now completed, Le Froid Pecomark officially joins the IPCOM Group, strengthening the Group's HVAC-R activities and further expanding its presence in the European market.
Philippe Pechet will continue to lead Le Froid Pecomark as CEO, together with his experienced and professional team, ensuring continuity and stability in the next phase of growth. Pecomark remains a strategic shareholder in the business, reflecting its continued confidence in the company and its future development.
We are excited to begin this new chapter as part of IPCOM. From our very first discussions, it became clear that both organisations share similar values, an entrepreneurial mindset and a long-term vision. With the transaction now completed, we look forward to working together to further strengthen our market position and continue delivering the high level of service our customers have come to expect.
We are pleased to see the transaction successfully completed and remain fully committed as a shareholder to supporting the future development of Le Froid Pecomark. We are confident that, together with IPCOM, the company is well positioned to continue its successful growth trajectory while preserving the values that have made it such a respected player in the market.