Founded on 5 of March of 1964 in the city of Luanda, Angola, by Armando Marecos Ferreira, the company Marecos, Lda. manufactured and developed refrigeration equipment, namely Commercial Refrigeration, Transport Refrigeration and Industrial Refrigeration, having achieved great size and prestige, still recognized in that country today. For socio-political reasons, it became necessary to relocate to Portugal in 1974, under the name of Frio Marecos Lda.
In 1987, Olitrem – Society for the Distillation of Tremês Oils was created, with the main objective of “Extracting Vegetable Oils for Perfumery”.
Rebranding of the Marecos brand for the HORECA and Beverages area, and creation of the Medgree brand for specific equipment for the healthcare area