IPCOM acquires majority stake in Le Froid Pecomark
Adds a French distributor of refrigeration, heat pump and ventilation equipment to the Astorg-backed platform, broadening its reach among installers, contractors and OEMs.
Takeaways
- Astorg-backed IPCOM is acquiring a majority stake in Le Froid Pecomark, a French
- The target serves installers, contractors, and OEMs in France, broadening IPCOM'
- The deal represents an add-on acquisition for IPCOM, a portfolio company of Asto
IPCOM, a portfolio company of Astorg, has acquired a majority stake in Le Froid Pecomark, a French distributor of refrigeration, heat pump and ventilation equipment.
The company supplies its products to installers, contractors, and original equipment manufacturers across the country.
Le Froid Pecomark's offering covers climate-control equipment used in residential, commercial, and industrial applications.
The add-on broadens IPCOM's presence in the French HVAC/R distribution sector, aligning with Astorg's buy-and-build strategy for the platform.
Get tomorrow morning's tape in your inbox.
Yesterday's platforms, add-ons, recaps, and exits, cleaned up before the workday starts.