European air conditioning company Climaveneta has acquired
Walter Meier (Climate UK), following recent acquisitions of distribution companies in Poland and India.
The purchase of Walter Meier (Climate UK) is a further step in Climaveneta’s strategy of growth in key markets.
Climaveneta ceo Carlo Grossi said: “This is an excellent opportunity for us to acquire a professionally run distribution and service company focused on our core competence of hvac and refrigeration. Our direct presence in the UK will help ensure a stronger support to our long established independent distribution partners, to increase penetration in the UK. It will also continue to develop relationships with prestigious UK companies, international developers, large architecture and engineering firms with headquarters in UK who are active globally.'
Walter Meier (Climate UK), formerly known as Climate Equipment, was established in 1964 and is a UK distributor and service provider for hvac products. The current management team remains unchanged and will be responsible for running Climaveneta UK.
