Lordan signs a partnership agreement with Spanish coil company Sereva

Lordan has bought 19.9% of the Spanish coil company Sereva in a strategic move which is set to significantly expand the group’s presence in Europe and give access to the Retail and ‘Hospitality Sector’ (aka HORECA: Hotels, Restaurants, Catering and Cafeterias) 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 established a new company: Lordan Iberian Coils (LIC), which Lordan hold the majority stake. LIC will focus on Lordan’s existing main markets of public transportation, server farms and other 7mm coil markets.

Stuart Lancaster, managing director of Lordan (UK) commented: "The Lordan Group are already a leading manufacturer of high quality custom-made fin and tube heat exchangers for the HVACR markets, supplying commercial, industrial, telecommunications, medical and transportation sectors and are proud to add this new dimension to our Group. This is an exciting time for Lordan as we embark on a new expansion phase. This acquisition will benefit our existing customers in mainland Europe and especially Spain and also expand our presence in new markets. It will bring our existing products to new customers and new products to existing territories. 2024 is a big year for Lordan UK. In addition to this strategic move we are adding an extension to our UK factory, increasing it by a third and it’s also our 20 year anniversary, 2004 to 2024."