Announced
Completed
Financials
Sources
Tags
Friendly
Auto Technology
Merger
Completed
Acquisition
Single Bidder
Italy
Majority
Cross Border
building automation solutions
Private
Synopsis
Controlli, an Italian manufacturer of valves and actuators for residential and commercial HVAC applications, and Global Control 5, a company engaged in the development, design and manufacturing of advanced solutions in building automation, formed iSMA CONTROLLI. Financial terms were not disclosed. "Integrating the expertise, knowledge, experience and potentials of our companies in the fields of mechanical engineering, electronics and IT and creating an entity on an international scale, operating in the building automation market, is a great joy, but also a challenge that we have taken on together," Adam Półgrabia, iSMA CONTROLLI Chairman of the Board of Directors.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.