hvacrollups.com
← Deals
Exit · Closed Jan 2022

Rheem acquires Dejong from PE owner Nordian Capital

Relationship map

Relationship map for Rheem acquires Dejong from PE owner Nordian Capitalbacksparent ofNordian Capital: Pe FirmNCNordian CapitalRheem: PlatformRheemDEJONG: Operating CompanyDEDEJONG
Operating CompanyPe FirmPlatform

Parties

Acquirer
Rheem
Platform
Target
DEJONG
Operating Company
Sponsor
Nordian Capital
Pe Firm

Market signals

Summary

Rheem acquired Dutch hot-water-tank manufacturer Dejong from private equity owner Nordian Capital. Dejong becomes a stand-alone business unit within Rheem's Global Water Division.

Primary source