TEFCOLD acquires Horeca Global Solutions

The TEFCOLD Group has acquired Barcelona based Horeca Global Solutions, a subsidiary of Eurofred. Horeca Global Solution is a market leader in commercial cooling and other Horeca products on the Iberian Peninsula. Horeca Global Solutions has its head office in Barcelona, Spain.

“The addition of Horeca Global Solutions to the TEFCOLD Group will strengthen the group and help us serve our customers better, faster and more competitively going forward.” says TEFCOLD CEO Jesper Kirkeby Hansen. “We have known Horeca Global Solutions for many years, it is a great company with great employees and the acquisition is an important step in our growth strategy.”

Horeca Global Solutions is based in Barcelona in Spain, has a total of 21 employees in Spain and Portugal and is delivering its products from 2 warehouses close to Barcelona and 1 in the Canary Islands. Horeca Global Solutions is a subsidiary of Eurofred, a market leader in air conditioning and HVAC with a European footprint.

“After having successfully grown Horeca Global Solutions to where it is today, we are happy to pass the company over to TEFCOLD to continue the journey into the future” States Horeca Global Solutions CEO Ferran Baldirà.  ” It is clear to us that the business models in the Air-condition market and the commercial cooling industry are so different, that it will be better for Horeca Global Solutions to have a new and more specialized owner”

Mario Saltor, Managing Direcor of Horeca Global Solution adds in “Joining the TEFCOLD Group is for the benefit of all. The customers will not only have access to the biggest stock in Europe for plug-in cooling equipment but also to some great new products and a dedicated digital platform enabling us to grow the sales in Spain and Portugal”

Horeca Global Solutions will continue to have the same management and staff as today but will change its name to TEFCOLD and will be working out of new offices in Barcelona.

The TEFCOLD Group is headquartered in Viborg, Denmark and has 170 employees in 10 countries. TEFCOLD is selling to more than 6000 customers. The supply chain is handled from its 8 warehouses in Europe with deliveries of more than 170.000 coolers to around 100 countries globally.

“We are really pleased to add Horeca Global Solution to our group” says TEFCOLD Group Chairman and majority owner Mr Torben L. Christensen. “Acquisitions plays an important part of our growth strategy. Finding and being able to acquire the right companies are critical to our success”.