Apollo Funds to acquire majority stake in Kelvion from Triton

Apollo-managed funds agreed to acquire a majority stake in Kelvion, a global provider of heat exchange and cooling solutions, from funds advised by Triton. Triton will retain a minority interest.

“Apollo Funds have agreed to acquire a majority stake in Kelvion, a leading global provider of energy efficient heat exchange and cooling solutions, from funds advised by Triton.”ir.apollo.com

• 2 sources
• ir.apollo.comApollo Funds to Acquire Kelvion, a Leading Global Provider of Heat Exchange & Cooling Solutions :: Apollo Global Management, Inc. (APO)Aug 13, 2025
• bloomberg.comApollo to Buy Cooling Equipment Maker Kelvion in €2 Billion Deal - BloombergEyk Henning, Swetha Gopinath, Dinesh NairAug 13, 2025

Summarized from public sources; check the original articles before acting on it.