Sabiana SpA announces that the Arbonia Climate Division, of which it is a part, will be acquired by Midea Group, once the competent authorities give their approval. The future entry into the Midea Group will be a strategic move that will mark a new chapter for the company, which will be able to expand its product offerings and explore new markets. We continue on the path of growth and development with renewed commitment and the usual attention to the needs of our customers and partners.
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Sabiana Spa at MCE 2024: Innovation and Technology in the HVAC Sector
Sabiana Spa is proud to announce its participation in the MCE - Mostra Convegno Expocomfort 2024, one of the most important international events in the HVAC sector. From March 12 to 15, we await you at Milan Rho to present our latest innovations and technological solutions.Sabiana Spa, a leader in the heating, ventilation, and air conditioning industry, will demonstrate how its advanced technologies can improve energy efficiency, comfort, and environmental sustainability. This year, we will highlight a range of new products and systems, designed to meet the increasingly sophisticated needs of designers, heating engineers, and architects.The MCE - Mostra Convegno Expocomfort represents a unique opportunity for HVAC sector experts to meet, exchange ideas, and explore the latest trends and innovations. It's an unmissable appointment for those who wish to stay at the forefront of the industry.During the event, our team of experts will be available to discuss your specific needs, provide detailed information on our products and solutions, and share our vision for the future of the HVAC sector.Don't miss the opportunity to visit our stand at MCE 2024 and discover how Sabiana Spa can help you realize more efficient and sustainable projects.See you at MCE 2024!
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Sabiana S.p.A commits to a sustainable and responsible future with the launch of the ESG Project
We are delighted to announce the launch of our ESG (Environmental, Social, Governance) Project, a significant commitment that underlines our determination to build a more sustainable and responsible future.This project represents an important evolution for our company, integrating sustainable and responsible practices into our daily operations. The ESG Project focuses on three key areas:Environmental: We are committed to reducing our ecological impact, introducing actions such as efficient resource management, the use of renewable energy, and reducing our carbon footprint.Social: We aim to improve relationships with our employees, suppliers, customers, and the communities in which we operate. This will result in a more equitable and inclusive working environment and an active commitment to human rights and the well-being of local communities.Governance: We are committed to ensuring that our internal practices are transparent, ethical, and in line with best industry practices.In addition to these measures, we are excited to announce that we will publish our first ESG report in April 2026, which will provide a detailed overview of our actions under the ESG project during 2025.We firmly believe that companies must play an active role in responding to global challenges, and we are proud to do our part through this project. This initiative represents a significant milestone on our journey towards a more sustainable and responsible future.
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Arbonia continues to strengthen HVAC sales position in Spain and Portugal
Arbon, 6 December 2022 – As part of its communicated HVAC growth strategy, Arbonia has signed an agreement to purchase 100 % of the shares in the Portuguese HVAC distribution company Cirelius S.A. For the HVAC Division, this acquisition means a significant strengthening of its activities in the Portuguese and Spanish markets, making it a leading supplier of HVAC system solutions on the Iberian Peninsular.To expand geographically in the two southern European markets of Spain and Portugal, Arbonia has previously acquired two distribution partners for heating, ventilation, and air-conditioning equipment, Tecna and Cicsa, in 2018 and 2021 respectively. The acquisition of Cirelius will significantly strengthen the HVAC Division's sales position in these markets, giving it a leading market position in the Iberian Peninsula. In these two markets, the division consistently pursues its growth strategy as an innovative provider of sustainable heating systems, ranging from modern heat generation and optimal heat transfer to energy storage for all types of buildings and applications, for both the new construction and renovation markets.Cirelius, based in Porto (PT), specialises in particular in the sale and distribution of HVAC system solutions for residential construction throughout Portugal and distributes, among other things, heat pumps and photovoltaic systems. Thus, the company is complementary to Tecna on the product and customer side as well as in terms of geographical orientation. Synergies will therefore arise in particular on the sales side through the strengthened and broader market access.Arbonia is taking over all of Cirelius' activities, including the approximately 60 employees, in order to ensure long-standing customer relationships with existing contacts and ongoing projects can continue smoothly.In the financial year 2021, Cirelius generated revenue of approximately EUR 20 million, with an attractive EBITDA margin that is significantly above the Division's margin level. The EV/EBITDA multiple underlying the transaction is approximately 6x, based on the EBITDA for 2021 and the forecast EBITDA for 2022 before synergies.The signing and closing of the contract took place on 5 December 2022.The acquisition will be financed from available funds and will have a positive impact on Arbonia's earnings per share already in the 2023 financial year before possible synergies.This press release and more information about Arbonia can be found online at www.arbonia.com.Arbonia is a focused building components supplier with two divisions that are active in the areas of indoor climate (heating, ventilation, and air-conditioning technology) and interior doors made of wood and glass. The company, which is listed on the SIX Swiss Exchange, is active worldwide with its own distribution companies as well as with representatives and partners in more than 70 countries. Its main production sites are located in Switzerland, Germany, the Czech Republic, Poland, Serbia, Russia, Italy, and Belgium. A total of around 6500 employees work for the Arbonia Group.