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Announced

Completed

Borromin completed the acquisition of Eberle Controls from Schneider Electric.

Synopsis

Borromin Capital Managament, an asset management company, completed the acquisition of Eberle Controls, a provider of innovative heating and air conditioning solutions, from Schneider Electric, a manufacturer of electrical power products. Financial terms were not disclosed. “EBERLE’s business development has been impressive. We were convinced by its management’s passion for high-quality, innovative, and sustainably produced products. Due to the increasing importance of energy-saving solutions in the field of heating and air-conditioning technology and with its more than 90 years of expertise in temperature control, we believe that the company is very well positioned. We are convinced that EBERLE will have excellent growth opportunities in the future, both organically and through acquisitions," Marco Bernecker, Borromin Managing Partner.

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