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Add-on acquisition Closed Dec 2018 Verified

Carel Group acquires HygroMatik from Spirax Sarco

Relationship map

Relationship map for Carel Group acquires HygroMatik from Spirax Sarcoparent ofSpirax Sarco Engineering PLC: PlatformSpirax Sarco Engineer…HygroMatik GmbH: Operating CompanyHygroMatik GmbH
Operating CompanyPlatform

Parties

Acquirer
Spirax Sarco Engineering PLC
Platform
Target
HygroMatik GmbH
Operating Company

Summary

Carel Industries SpA acquired the entire share capital of HygroMatik GmbH (part of Spirax Sarco Engineering), advancing its M&A-driven growth strategy and strengthening its position in German-speaking and Northern European markets.

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