Arcadia SGR acquired a majority stake in the HVACR specialists Kfl Est and Cbs Est

Fineurop Soditic assisted as financial advisor the Arcadia Small Cap II fund, managed by Arcadia Private Equity SGR in the acquisition of a 60% of Kfl Est S.r.l and Cbs Est S.r.l.

KFL Est and CBS Est

Both companies are active in the Hvacr sector which includes industrial air conditioning and heating.

Established in 1993 and located in Gorizia, Kfl is active in the engineering, manufacturing and distribution of customized heat exchangers primarily addressed to the refrigeration and conditioning markets.

CBS EST S.r.l., headquartered in the province of Udine, is specialized in the production of customised products (e.g. shaped connecting pipes, manifolds and distributors, transforming copper, stainless steel, aluminium and brass) for the air conditioning, refrigeration and heating industry (including data centres and heat pumps).

Arcadia will support the growth path of the companies within a market that offers significant development opportunities.