Roen Est SpA, a manufacturer of heat exchangers based in Ronchi dei Legionari (GO), announces a capital increase of 16 million euros.
The Italian Fund for Energy Efficiency (FIEE), in fact, one of the major European funds specialized in energy efficiency, joined the parent company CCC Holdings Europe S.p.A. at the end of September. with an investment of 18 million euros.
CCC Holdings Europe (CCCHE) is the financial company based in Italy, specialized in the heating, ventilation, air conditioning and refrigeration sector, which in January 2020 had acquired 100% of Roen Est with an ambitious development project and further acquisitions, first of all, last February, that of Enex Srl, a technological leader in natural refrigerant-based refrigeration.
“Of the 18 million paid by the new shareholder FIEE, 16 will enter Roen Est bringing our share capital to 27 million: – explains the CEO – this is a very important recognition for Roen, who confirms himself as a leading player in the development process and investment of the parent company CCC Holdings Europe SpA.
This capital injection means new investments in technologies and human resources, it means outlining a commercial scenario with double-digit sales increases for the next few years and also new future acquisitions on the national territory “.In fact, during the last few months, the staff of Roen Est has been enriched with numerous specialized figures with long international experience who cover strategic roles including commercial and purchasing management, human resources management, the IT sector. and many others.
“We are honored to welcome such a prestigious institutional investor as FIEE among our shareholders – said Greg Deldicque, President and CEO of CCCHE. – This capital increase allows us to significantly continue the growth path of the companies already acquired and to plan new ones with the aim of creating a company with over 200 million euros in revenues “.
With around 400 employees and two offices in Italy and Slovakia, Roen Est recorded a turnover of 35 million euros in 2019. Since its founding in 1983, the company has positioned itself on the market as Europe’s leading manufacturer of customized batteries and ventilation units, with about two thirds of sales related to exports.