Industrie: Familienunternehmen EBM-Papst geht für fast fünf Milliarden Euro an US-Konzern

Stuttgart – The German ventilator specialist EBM-Papst has been sold to US-based conglomerate Madison Air for nearly five billion euros. The family-owned company, based in Mulfingen, Baden-Württemberg, will be acquired by the listed group Madison Air. EBM-Papst's CEO, Klaus Geißdörfer, stated that the company's potential for further development had not been fully realized, and Madison was chosen as a partner who truly understood EBM-Papst's essence and what was needed to expand its market leadership. "We will also benefit from better access to the US market."

The net sales price is estimated at 4.775 billion euros, and the company is valued at 5.1 billion euros in the context of the sale. However, the sale still requires approval from regulatory authorities. Madison Air plans to finance the acquisition with both equity and debt financing, with Unicredit and Wells Fargo providing loans for this purpose.

If the takeover fails, the EBM-Papst family owners will receive a compensation of 250 million euros, according to a statement to the US Securities and Exchange Commission (SEC). Madison Air is a US industrial company specializing in ventilation, filtration, and cooling systems. The EBM-Papst family owners see Madison as an ideal partner, as the conglomerate has been committed to sustainable company development for decades.

Madison has an impressive portfolio in the field of IT and cooling technology, with enormous perspectives in data centers and AI infrastructure.