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Cubigel sold to US private equity firm

ACC Spain, the Cubigel commercial compressor arm of the ACC Group has been sold to US private equity company American Industrial Acquisition Corporation (AIAC).
As a result, the company has changed its name to Cubigel Compressors SA.

AIAC is said to have extensive expertise mainly in the automotive and aerospace sectors. It owns 29 factories in North America, Europe and Asia, employs more than 3,000 people with a turnover of €650m.

The history of Cubigel company can be traced back to 1962 with the formation of Unidad Hermética initially producing compressors under licence from Tecumseh.

It joined the Electrolux Group in 1988 with the Cubigel name being created for its commercial refrigeration activities. The company was acquired by ACC in 1998.

Coronavirus industry update

UPDATED 22 April: In response to the Coronavirus pandemic, manufacturers, wholesalers and distributors are issuing statements regarding their operations as the situation evolves. The most up to date information from each company is listed below and ...

  25-Mar-2020

Designed for the future: Daiklin's new VRV 5 series

At Daikin, we continue to push the boundaries in order to create more sustainable solutions, simplify installation, enhance performance in use, and reduce our environmental footprint. In the spirit of the Paris Agreement, we aim to be CO2 neutral by ...

  18-Sep-2020

HVCA will become B&ES on 1 March

From Thursday 1 March the HVCA will become B&ES - the Building & Engineering Services Association.
  03-Sep-2020
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