Experience
Buy-side Advice
Transaction advisory to Ariston Thermo - the company operating in the Heating, Ventilation and Air Conditioning industry.
Ariston Thermo acquired 100% of Gastech-Energi A/S. Ariston enters in a market in which it was not directly present and at the same time expects to create significant operational synergies.
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Company information
Ariston Thermo is a leading multinational company in heating and water heating. Turnover : EUR1.34 billion. Sales: 7.4 million products in more than 150 countries. The Group offers a full range of products, systems and services, mostly under the Ariston, Elco, Chaffoteaux, Atag Heating and Racold brands.
Target information
Gastech-Energi A/S is a leading company in the field of domestic and industrial heating in Denmark. Based in Aarhus, the company employs more than 150 people and generates annual revenues of around € 26 million.