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Add-on acquisition Mar 2024 · Germany / France Verified

Nexson Group acquires Thermowave GmbH from Güntner

French heat-exchanger maker Nexson Group SAS acquired German heat-exchanger manufacturer Thermowave GmbH, a former part of Güntner GmbH & Co. KG. Terms were not disclosed; Thermowave continues as a stand-alone company.

“GARCHIZY, France — Nexson Group SAS, a manufacturer of heat exchangers and pressure vessels, has acquired Thermowave GmbH, a German company that makes heat exchangers for HVAC applications as well as specialized equipment for industrial refrigeration, the food industry, the chemical industry, and other sectors. Thermowave had been a part of Güntner GmbH & Co. KG.”

Entities

Güntner GmbH & Co. KG · Parent Nexson Group SAS · Acquirer Thermowave GmbH · Target
HVACRefrigeration Sentiment: Positive
Source: www.achrnews.com

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.