from Thermador Groupe (EPA:THEP)
THERMADOR GROUPE : Exclusive negotiations with the company Quilinox
Press release
Saint-Quentin-Fallavier – March 11, 2025 – 6:40pm
Exclusive negotiations with the company Quilinox
On 7 March 2025, the company Thermador Groupe entered into exclusive negotiations with the shareholders of Quilinox, a company based in Spain, C/ Louis Pasteur, 4 Parque Tecnologico, 46980 Paterna, Valencia, for the acquisition of 100% of the company's shares. The company Quilinox specialises in the distribution of stainless-steel equipment (pumps, valves, flowmeters, mixers, accessories and instrumentation) dedicated to the regulation, control, measurement and distribution of fluids in the food, biotechnology, cosmetics, pharmaceuticals, chemicals, microelectronics and aerospace sectors, as well as general industry. It serves a wide range of industrial customers (factories, engineering companies, installers, equipment manufacturers, etc.) in Spain and Portugal. Its suppliers are longstanding European partners, with 55.5% of purchases made from Italian manufacturers.
In 2024, its sales amounted to €14.6m and its EBITDA to €1,422k. It employs 40 people in Spain and one person in Portugal. Its products, solutions and technical services offer potential synergies with the companies FGinox, Syveco, Sodeco, Sferaco, Sectoriel and Distrilabo operating in the industrial valves market in France and abroad. Francisco Quiles, founder of Quilinox, would ensure the transition for the time needed and Fernado Marí, 62, Chief Executive Officer of the company, would commit to a minimum of five years to continue the development of the business and facilitate its integration within the group Thermador. The sales protocol agreement could be signed before the end of the first half of 2025.