Sale of G.A.H (Refrigeration) Limited to Sdiptech

BDO.LiveSite.Deals.SubIndustryEngineering & Food and drink

Incorporated in 1993, GAH manufactures and maintains transport refrigeration systems for any size of vehicle with particular expertise in the grocery home delivery market and pharmaceuticals. The acquisition will provide GAH with the resource and expertise it needs to continue to grow.

GAH is Sdiptech's seventh UK business unit and will be included in the Special Infrastructure Solutions business division of Sdiptech as of December 2020.

The underlying demand for last mile cooling solutions continues to increase, led primarily by more e-commerce of groceries which in turn is driven by trends such as digitalisation, climate change, urbanisation and income growth.

“I would like to thank the BDO team for advising the GAH shareholders on this transaction.  BDO delivered an outstanding professional service throughout the process utilising their specialist skills and experience.  The management and control of the M&A process has been excellent and I would have no hesitation in recommending BDO to anyone considering selling their business.  The performance of the whole BDO team underlines their ability to understand, interpret and clearly present complex business issues in a professional manner, often responding to challenging deadlines. Their thorough and proactive approach to the process enabled us to work closely with them throughout the transaction and their input was invaluable in delivering the transaction.”

John Reader, Managing Director, G.A.H (Refrigeration) Limited