Milliarden-Deal: Ventilatorenspezialist EBM-Papst wird an US-Konzern verkauft

The specialist in ventilation EBM-Papst is sold for a billion-dollar sum to the US conglomerate Madison Air. The family-owned company based in Mulfingen, Baden-Württemberg, becomes part of the listed conglomerate Madison Air. EBM-Papst's CEO, Klaus Geißdörfer, said there was significant untapped potential for the group's development, and with Madison, they found a partner that understands EBM-Papst and what it needs to strengthen market leadership.

"We will also benefit from better access to the US market." The net sales price is estimated at 4.775 billion euros. Geißdörfer had recently heavily expanded the business with data centers that need to be cooled. As part of the sale, the family-owned company is valued at 5.1 billion euros. Approval from authorities is still required for the sale.

Madison Air has almost no presence in Europe and Asia, said Geißdörfer. "Here, EBM-Papst is well placed. That's why we complement each other well." With the help of our new partner, we can also improve the service business, which is becoming increasingly important. Madison Air specializes in ventilation, filtration, and cooling systems.

The industrial company has 9,000 employees worldwide, with the latest annual revenue of 3.5 billion US dollars. The family shareholders of EBM-Papst see Madison as the ideal partner: Madison has been pursuing sustainable corporate development for decades, and the conglomerate has an impressive presence in the air and cooling technology industry, as well as regionally in the US.

The prospects in data centers and AI infrastructure are enormous. The previous family shareholders will step out after the sale. EBM-Papst increased its revenue The US corporation is a long-term customer of the family-owned company, which employs more than 13,000 people worldwide, of which 5,800 are in Germany. In the last fiscal year, which ended at the end of March this year, EBM-Papst's revenue grew by six percent to around 2.24 billion euros.

However, the growth was influenced by the withdrawal from several business areas. Core business grew by twelve percent, according to the company. For the current fiscal year, EBM-Papst expects revenue growth in the maintained business areas of more than ten percent. No profit figures were provided. Madison Air's CEO, Jill Wyant, said, "We are convinced that we can build on the already strong foundation together." The completion of the deal is expected by the end of the year.