On 30 September 2025, Thermador Groupe acquired 100% of the shares of QUILINOX, a company located in Spain (Paterna, Valencia), along with a nearby plot of land suitable for construction. Net of debts, the cumulative cash as of 30 September 2025 amounted to €650k. The transaction, with a total amount of €10.9 million, was settled in cash and financed through two fixed-rate bank loans with a 7-year maturity, granted by CIC Lyonnaise de Banque and Société Générale.
Quilinox specialises in the distribution of stainless-steel equipment (pumps, valves, flowmeters, agitators, accessories and instrumentation) dedicated to the regulation, control, measurement, and distribution of fluids in the food industry, biotechnology, cosmetics, pharmaceuticals, chemicals, microelectronics, and aerospace, as well as general industry. Its client base consists of a wide range of industrial companies (factories, engineering firms, installers, equipment manufacturers, etc.) in Spain and Portugal. Its suppliers are longstanding European partners, with 55.5% of purchases made from Italian manufacturers.
In 2024, Quilinox achieved a turnover of €14.6m and an EBITDA of €1,422k. It employs 40 people in Spain and one person in Portugal. Its products, solutions, and technical services will, in the medium term, create synergies with FGinox, Syveco, Sodeco, Sferaco, Sectoriel, and Distrilabo, which are active in the industrial valve market in France and internationally.
Francisco Quiles, founder of Quilinox, will ensure the transition until the end of the year, while Fernando Mari, 62, Managing Director of the company, has committed for at least five years to pursue business development and facilitate integration within the group.