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New Deal


Announced

Midea Group to acquire the Climate Division of Arbonia for €760m.

Financials

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Transaction Value£649m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Construction Services

Acquisition

Majority

Private

Friendly

construction

Switzerland

Cross Border

Pending

Single Bidder

Synopsis

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Midea Group, an electrical appliance manufacturer, agreed to acquire the Climate Division of Arbonia, a focused building components supplier, for €760m. "The doors business will strategically be further developed both organically and through acquisitions, with the objective of making Arbonia a European market leader for doors made of wood and glass," Arbonia.

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