Nissens to Acquire AVA Cooling France
UNITED KINGDOM / AGILITYPR.NEWS / February 26, 2021 / Nissens is pleased to announce the acquisition of AVA Cooling France from Enterex International Limited Group. With the acquisition of AVA Cooling France, Nissens completes the acquisition process involving AVA Cooling companies in Europe, since AVA Benelux, CEE, UK, Denmark and France are now all under the ownership of Nissens.
With Nissens’ acquisition of these AVA companies in Europe, Nissens enhances the position as the leading automotive aftermarket specialist within Engine Cooling (EC), Air-Conditioning (AC) and Efficiency & Emissions (EE) product categories.
Executive Vice President of Nissens Automotive, Mr Klavs T. Pedersen, states:
“In December, we announced the acquisition of AVA companies in Benelux, CEE, UK and Denmark, just as we revealed that a dialogue on the acquisition of AVA Cooling France was ongoing. Today, we are pleased that the dialogue with current AVA owner, Enterex, has successfully led to Nissens also gaining ownership of AVA Cooling in France.
“We are delighted to welcome AVA Cooling France to the ongoing integration process between AVA and Nissens in Europe, and it fuels the active promotion of our dual brand strategy, where we build on the strengths of the AVA brand and the Nissens brand.
“By joining forces with AVA Cooling, our ambition remains unchanged: We wish to continue to strengthen our service offers to the leading players in the independent aftermarket. Given the positive response provided by both AVA and Nissens customers following our acquisitions in December, we have high aspirations for the combined market opportunities ahead of us. The recent acquisition of AVA Cooling France just cements our commitment to the promising prospects of our integration”.
With immediate effect, the focus in AVA Cooling France and Nissens will centre around optimal service and support for the interesting French market to the benefit of the local customers.
About Us
AVA Cooling is an international manufacturer and distributor of engine cooling and air-conditioning parts. AVA Cooling holds more than 50 years of market experience. In early 2017, Enterex International Limited Group acquired AVA Cooling and its local sales and distribution centers in Benelux, CEE, Denmark, France, Italy and the UK. In 2020, the dialogues between Enterex and Nissens on change of ownership of AVA Cooling activities in Europe are initiated – leading to Nissens’ acquisition of AVA companies in Benelux, CEE, Denmark and the UK in December 2020 and now completed with Nissens’ acquisition of AVA Cooling France in February 2021.
Nissens Automotive is a market leading manufacturer and supplier of thermal products and services targeted for the international automotive aftermarket. The company forms a part of the Nissens Group and dates back to 1921. The group headquarter is in Denmark with private equity and investment company, Axcel, as majority stakeholder since 2017. Nissens Automotive services a global customer portfolio through manufacturing, sales and distribution setups in Asia, Americas and Europe.
Contacts