Nissens to acquire part of AVA Cooling

Planned transaction awaits formalisation of final completion

Nissens to acquire part of AVA Cooling

Nissens has announced plans to acquire a selection of subsidiaries in AVA Cooling from Enterex International Limited Group.

The acquisition includes AVA companies in Benelux, CEE, UK and Denmark.

Additionally, a dialogue on the acquisition of AVA Cooling in France is initiated, whereas AVA Cooling in Italy is not included in the acquisition.

Executive vice president of Nissens Automotive, Mr Klavs T. Pedersen, said: “We will actively maintain two separate brand lines in the market and build on both the AVA brand and the Nissens brand.

“AVA Cooling provides a highly suitable response to a growing demand for a reliable and competitive product range for EC and AC applications, not least for the growing demand for aging car park applications.

“Nissens offers a versatile and premium product offer within EC, AC & EE categories targeting the needs for attractive time to market performance, full carpark coverage and new technologies.

“By joining forces with AVA Cooling, we continue to strengthen our service offers to the leading, global players in the independent aftermarket”.

AVA and Nissens will engage in a process of carefully implementing a “smooth merger of AVA’s and Nissens’ business platforms”.

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