# Madison Air to acquire ebm-papst for $5.4 billion

Madison Air Solutions Corporation has entered a definitive agreement to acquire ebm-papst, a German supplier of airflow technology and EC fan systems, for an enterprise purchase price of $5.4 billion. The deal is expected to close in 2026.

- Type: Acquisition
- Announced: 2026-08-17
- Where: Mulfingen, Germany
- Value: $5.40B
- Status: announced
- Products: EC fans, airflow technology, fan and motor systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Wells Fargo](https://endata.com/companies/840.md) (partner)
- [ebm-papst](https://endata.com/companies/5045.md) (target)
- [UniCredit](https://endata.com/companies/82299.md) (partner)
- [Madison Air Solutions](https://endata.com/companies/91978.md) (acquirer)
- [Sturm Beteiligungs](https://endata.com/companies/93579.md) (partner)
- [Ziehl Beteiligungen](https://endata.com/companies/93580.md) (partner)
- [Philippiak Holding](https://endata.com/companies/93581.md) (partner)
- [Madison Solutions](https://endata.com/companies/93582.md) (investor)
- [Madison Air](https://endata.com/companies/93634.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/madison-air-to-acquire-ebm-papst-expanding-return-on-air-capabilities-and-accelerating-durable-growth-in-air-quality-solutions-302852470.html), 2026-08-17: "We're excited about the opportunities this acquisition creates for our customers, employees and shareholders as Madison Air continues to expand our ability to deliver Return on Air and strengthen our position in attractive, growing end markets."
- [tradingview.com](https://www.tradingview.com/news/tradingview:4caf9f041c1dd:0-madison-air-solutions-to-acquire-ebm-papst-group-for-4-775-billion-under-locked-box-spa/), 2026-08-17: "Madison Air Solutions agreed to acquire the ebm-papst Group under a locked-box Sale and Purchase Agreement valuing the business at €4.775 billion"
- [climatecontrolnews.com.au](https://www.climatecontrolnews.com.au/news/latest/madison-air-acquires-ebm-papst), 2026-08-18: "Madison Air Solutions has entered into a definitive agreement to acquire ebm-papst at an enterprise purchase price of $US5.4 billion"
- [climatecontrolnews.com.au](https://www.climatecontrolnews.com.au/news/latest/bradwell-responds-to-ebm-papst-sale), 2026-08-20: "Our shareholder families chose Madison Air as the ideal long-term partner to support our continued growth in areas such as data centre cooling, cold storage, and energy-efficient buildings."
- [naturalrefrigerants.com](https://naturalrefrigerants.com/news/weekly-wrap-up-ebm-papst-gets-acquired-a-o-smiths-new-co2-hot-water-heat-pump-a-3-5mw-industrial-ammonia-heat-pump-project-and-more/), 2026-08-21: "We are excited to join an organization that values our people, our culture and our technology."
- [openthermalai.com](https://www.openthermalai.com/en/briefings/2026-w34.html), 2026-08-23: "Madison Air agreed to acquire ebm-papst for an enterprise purchase price of $5.4bn; the deal brings more than 1,200 patents and a global EC fan/motor platform into a broader mission-critical air and cooling portfolio"
- [channel-e.de](https://www.channel-e.de/branchen-news/merger-acquisitions-2026), 2026-09-11: "Die Gesellschafterfamilien von ebm-papst haben mit dem US-Konzern Madison Air eine Vereinbarung zur Übertragung ihrer Anteile geschlossen."

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