# Symphony to acquire 95% stake in Climate Technologies

Symphony signed an agreement to purchase a 95% equity stake in Climate Technologies, an Australian manufacturer of cooling and heating appliances, at a valuation of A$40-44 million.

- Type: Acquisition
- Announced: 2018-06-22
- Where: Australia
- Value: $31.0M (42.0M AUD)
- Status: announced
- Products: cooling and heating appliances
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Symphony](https://endata.com/companies/32715.md) (acquirer)
- [Climate Technologies](https://endata.com/companies/32716.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/article/news-cm/symphony-to-acquire-95-stake-in-australia-based-climate-technologies-118062200625_1.html), 2018-06-22: "Symphony has signed an agreement to effectively purchase 95% equity stake in Climate Technologies, Australia's leading manufacturer of cooling and heating appliances"

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