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Frigel Firenze Acquires Green Box

Plastics Business

Frigel Firenze S.p.A., based in Scandicci, Italy, has reached an important goal by taking over Green Box S.r.l. from Padua, Italy, with the aim of creating an increasingly important reference point in the market of industrial refrigeration worldwide.

This operation concerned 100 percent of Green Box shares and confirms Franco Spiandorello and Caterina Spiandorello, formerly chief executive officer and managing director of the company, as key figures in the Frigel management team. The takeover of Green Box will allow Frigel to further strengthen its presence on the international market by creating a group with a turnover of more than 70 million euro with significant margins and interesting growth prospects.

For more information, visit www.frigel.com.