CVC DIF and Tabreed to acquire PAL Cooling from Abu Dhabi’s Multiply Group for Dh3.8bn.

Synopsis

CVC DIF is a global mid-market infrastructure equity fund manager with global reach and local access, and Tabreed, a world-class, environment-friendly district cooling solutions provider, to acquire PAL Cooling, a district cooling provider from Abu Dhabi’s Multiply Group for Dh3.8bn.

Principals

target

Pal Cooling Holding

bidder

TABREED

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Market Context

MergerLinks - CVC DIF and Tabreed to acquire PAL Cooling from Abu Dhabi’s Multiply Group for Dh3.8bn.