Technique Froid Climatisation has been acquired by ENGIE Axima SA

Groupe R.M.P, a leading construction and public works group, has sold Technique Froid Climatisation (TFC) to ENGIE Axima SA. Financial details have not been disclosed.

Based in Toulouse, France, TFC specializes in air conditioning and heating systems installation for medium and large scale plants for commercial and industrial customers.

ENGIE Axima is the French leader in HVAC installations (heating, ventilation, air conditioning), cooling and freezing systems and fire safety equipment. The company offers global solutions combining energy efficiency and technical and digital innovation.

Oaklins' team in France acted as lead advisor to the seller of TFC in the preparation of the sale process and due diligence, the approach and parallel negotiations with potential buyers, and assisted them until closing.