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Lordan signs partnership agreement with Spanish coil company Sereva

Lordan has bought 19.9% of the Spanish coil company Sereva in a strategic move set to significantly expand the group’s presence in Europe and give access to the retail and hospitality sector through Lordan’s existing global sales network.

Sereva’s coils are supplied to OEMs specialising in cooling food. They are specialists in the design and manufacture of custom evaporator coils, providing a personalised service to manufacturers and installers of refrigeration and freezer systems.

Both companies have established a new company: Lordan Iberian Coils (LIC), in which Lordan holds the majority stake. LIC will focus on Lordan’s existing main markets of public transportation, server farms and other 7mm coil markets.

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