{
  "id": 1877660,
  "title": "Klaus Geißdörfer: Der Mann, der die EBM-Papst-Eigner zu Milliardären macht",
  "url": "https://urgent.news/2026/08/19/klaus-gei-dorfer-der-mann-der-die-ebm-papst-eigner-zu-milliardaren",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-19T05:57:00.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/unternehmen/industrie/klaus-geissdoerfer-der-mann-der-die-ebm-papst-eigner-zu-milliardaeren-macht-01/100247952.html"
  },
  "original_language": "de",
  "account": "Stuttgart - Klaus Geißdörfer took over EBM-Papst in late 2021. On Monday, the US company Madison Air purchased the ventilation specialist for a valuation of 5.1 billion euros. The family-less manager denied any suspicion that the deal was prepared from the start to sell the company: \"No, absolutely not,\" Geißdörfer told Handelsblatt. However, it is clear that the former automotive manager from ZF was closely involved at a certain point. And it is equally clear that he had no problems supporting the industrial logic of this deal, which was decided within just ten weeks. The owner families of EBM-Papst were advised by the investment bank Goldman Sachs, which had already been mandated in the sale of Viessmann. No information about the deal leaked before it occurred. Ultimately, the three owner families McCracken, Philippiak and Sturm decided to pocket five billion euros. None of the family members are involved in the operational management of the company based in Mulfingen, Baden-Württemberg.",
  "summary": "Der US-Konzern Madison Air zahlt fünf Milliarden Euro für den Ventilatorenhersteller EBM-Papst. Das liegt auch an Chef Geißdörfer. Er erkannte früh das Geschäftsmodell mit Datencentern.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Handelsblatt",
        "title": "Klaus Geißdörfer: The man who makes EBM owners into billionaires",
        "url": "https://urgent.news/2026/08/18/klaus-gei-dorfer-der-mann-der-die-ebm-eigner-zu-milliardaren-macht",
        "published": "2026-08-18T14:42:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}