IPCOM expands its footprint in Northwestern Spain with the acquisition of Gaisven
The company primarily serves heating, air conditioning, and insulation contractors in both the residential and non-residential markets. With a dedicated team of 25 employees, Gaisven generated a turnover of €16 million in 2023, underscoring its strong presence and reliability in the HVAC and insulation distribution sector.
This acquisition represents ISOPARTNER's second distribution company in Spain, alongside Aislamientos Diansa SL, which will soon be rebranded as ISOPARTNER Spain. The combined expertise and resources of ISOPARTNER Spain and Gaisven will drive innovation and deliver enhanced value to customers.
Juan Manuel Lage Garcia, Managing Director of Gaisven, commented: "My team and I are very excited about our new opportunities with ISOPARTNER. We have built a company with a strong market performance and now we are looking forward to expand our further growth."
Remco Boerefijn, CEO IPCOM Group, commented: "We are delighted to welcome Gaisven to the IPCOM Group. Gaisven's strong market presence and experienced team will be invaluable in further expanding our business and further strengthening our position in the Spanish market for HVAC equipment and insulation."