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LATEST NEWS - Acquisitions + Mergers

  • GEA Signs Agreement to Sell its Refrigeration Contracting Operations in Spain and Italy

    01.07.2021 -

    GEA signed an agreement to sell its refrigeration contracting operations in Spain and Italy to Clauger, the French family-owned company that specializes in industrial refrigeration and air-conditioning systems. The transaction is in line with GEA’s portfolio optimization strategy to divest selected business operations with comparatively low margins.

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    Pentair Completes Transaction to Acquire Assets of Ken’s Beverage, Inc.

    21.05.2021 -

    Pentair plc announced that it completed the previously announced transaction to acquire the assets of Ken’s Beverage, Inc. (KBI), for approximately $80 million in cash, subject to customary adjustments. For over 35 years, and operating with 30 branches and over 300 trained technicians, KBI has provided beverage equipment and services to commercial customers.

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