# Paloma Rheem Holdings to acquire majority stake in Groupe Atlantic

Paloma Rheem Holdings, the company behind Paloma, General and Rheem, will acquire a majority stake in French HVAC company Groupe Atlantic. Groupe Atlantic will continue to operate independently with its management team and family shareholders retaining minority stakes.

- Type: Acquisition
- Announced: 2025-12-22
- Where: France, France
- Value: $3.15B (3.00B EUR)
- Status: announced
- Products: HVAC equipment, air conditioning, water heating, heating, kitchen equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Groupe Atlantic](https://endata.com/companies/10117.md) (target)
- [Paloma Rheem Holdings Co., Ltd.](https://endata.com/companies/82121.md) (acquirer)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/paloma-takes-majority-stake-in-groupe-atlantic/), 2025-12-22: "Paloma Rheem Holdings, the company behind the recent acquisition of Fujitsu’s air conditioning business, is now set to acquire a majority stake in French HVAC company Groupe Atlantic."
- [lejournaldesentreprises.com](https://www.lejournaldesentreprises.com/article/le-vendeen-groupe-atlantic-proche-detre-repris-par-lamericano-japonais-paloma-rheem-2133679), 2025-12-22: "Le groupe familial Groupe Atlantic a annoncé la signature d’un accord en vue de l’entrée majoritaire à son capital du géant américano-japonais Paloma Rheem Holdings."
- [batiweb.com](https://www.batiweb.com/actualites/acquisition/atlantic-specialiste-francais-des-pompes-a-chaleur-va-etre-rachete-par-paloma-rheem-47986), 2025-12-22: "Cette opération nous donne les moyens de renforcer durablement notre compétitivité"
- [pr-holdings.co.jp](https://www.pr-holdings.co.jp/en/news/20251223.html), 2025-12-23: "we are honored that Groupe Atlantic has entrusted us to be stewards of their business."
- [pr-holdings.co.jp](https://www.pr-holdings.co.jp/news/20251223.html), 2025-12-23: "パロマ・リームがアトランティックの過半数株式を取得すること（以下、「本取引」）で合意しました"
- [elementallondon.show](https://elementallondon.show/news/paloma-rheem-to-acquire-majority-stake-of-groupe-atlantic/), 2026-01-05: "Paloma Rheem Holdings Co. Ltd. (“Paloma Rheem”) is set to acquire a majority stake in Groupe Atlantic, parent company of brands Ideal Heating, Gledhill and Hamworthy."
- [bredinprat.fr](https://www.bredinprat.fr/en/news/bredin-prat-is-advising-groupe-atlantic-as-it-signs-an-agreement-with-a-view-to-paloma-rheem-acquiring-a-majority-stake-in-its-share-capital/), 2026-01-07: "Bredin Prat is advising Groupe Atlantic as it signs an agreement with a view to Paloma Rheem Holdings Co., Ltd acquiring a majority stake in its share capital."
- [hpmmag.com](https://www.hpmmag.com/news/groupe-atlantic-and-paloma-rheem-sign-new-agreement), 2026-01-09: "This partnership with Paloma Rheem, a century-old family-owned group with which we share a long-term vision and common values, represents a tremendous development opportunity for Groupe Atlantic."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.