hvacrollups.com
← Deals
Majority stake Announced Feb 2025

Paloma Rheem to acquire Fujitsu General

Relationship map

Relationship map for Paloma Rheem to acquire Fujitsu Generalparent ofPaloma Rheem Holdings: PlatformPRPaloma Rheem HoldingsFujitsu General: Operating CompanyFujitsu General
Operating CompanyPlatform

Parties
Acquirer
Paloma Rheem Holdings
Platform
Target
Fujitsu General
Operating Company

Market signals

Summary

Paloma Rheem, parent of Rheem, agreed to acquire heat pump producer Fujitsu General, which will become a wholly-owned subsidiary; the deal includes a Fujitsu Ltd. share repurchase and was expected to commence in July 2025.