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Add-on acquisition Closed Jul 2018

CAREL acquires remaining 51% to take full ownership of CAREL Japan

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Relationship map for CAREL acquires remaining 51% to take full ownership of CAREL Japanparent ofCarel: PlatformCarelCarel Japan: Operating CompanyCarel Japan
Operating CompanyPlatform

Parties
Acquirer
Carel
Platform
Target
Carel Japan
Operating Company

Market signals

Summary

CAREL Group acquired 100% of CAREL Japan, a Japanese HVAC/R distribution company, having previously held a 49% stake, expanding its Asia Pacific presence.

Primary source