Ethica Group, through its M&A Advisory team, assisted Ambienta SGR S.p.A., one of Europe’s leading private equity firms with a strong focus on environmental sustainability investments, in completing the acquisition – through its portfolio company Frigoveneta S.p.A. – of SAIM Impianti S.r.l. and SAIM Service S.r.l. (together, “SAIM”), a family-owned business active in the design, installation and after‑sales service of industrial refrigeration systems and post‑harvest technologies for the agri‑food sector.
The sellers will remain actively involved in the business and will reinvest in the platform alongside Ambienta.
This transaction strengthens Ambienta’s commitment to developing a leading player in a market worth approximately €12 billion, driven by energy efficiency and the transition toward low‑environmental‑impact refrigerants.
Founded in 1986 and headquartered in Fondi (Latina), and currently led by Raffaele and Yuri Simonelli, SAIM specializes in the design, installation and maintenance of centralized refrigeration systems and post‑harvest technologies. The company provides refrigeration solutions for cold rooms, warehouses and temperature‑controlled processing facilities to a customer base primarily active in the agri‑food sector, with a particular focus on fruit‑and‑vegetable and cereal segments. SAIM also boasts strong expertise in controlled‑atmosphere systems, ripening and degreening, sanitation and pest control using natural gases.
With this acquisition – the fourth add‑on completed by the platform – Frigoveneta strengthens its presence in Central and Southern Italy, enhancing customer coverage and acquiring specialized technical capabilities in post‑harvest technologies, a segment that had previously been marginal. Leveraging SAIM’s large pool of technicians and access to a complementary customer base with significant cross‑selling opportunities, the platform will accelerate its penetration in the food market and unlock new commercial and service synergies.
