Madison Air Solutions to buy German fan maker ebm-papst in $5.4 billion deal
The deal is expected to add $160 million in annual run-rate synergies by year three and be accretive to adjusted earnings per share in the first full year.
28 Articles
28 Articles
The medium-sized company EBM-Papst will be sold to a US company for just under five billion euros in order to grow faster. Remembrance of the heating manufacturer Viessmann will wake up.
A family company from Mulfingen becomes a billion-dollar object. The reason is where AI gets its biggest physical problem: in the heat.
Madison Air Solutions has concluded an agreement to buy Ebm-Papst for $5.4 billion, including debt. Exclusive material for subscribers. To have full access, access the link of the material and register.
From Germany's family business to the US Group: the fan manufacturer EBM-Papst is changing hands for just under five billion. The deal is backed by a strategic close-up. The company wants to benefit from the boom in data centers and at the same time massively expand its position in the USA.
Tagesschau
The German family-owned company EBM-Papst will be sold to the USA. Madison Air will take over the fan specialist from Baden-Württemberg for almost five billion euros.
Of the 13 000 employees, 5800 are employed in Germany. The company's headquarters are to remain in Mulfingen near Heilbronn.
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