# DBAG Fund VIII acquires majority stake in Trotec Group

DBAG Fund VIII acquired a majority stake in Trotec Group, which will be combined with Dantherm Group under a Danish holding company. The combined entity will have revenue of approximately EUR 360 million and 950 employees.

- Type: Acquisition
- Announced: 2022-05-10
- Where: Germany
- Status: completed
- Products: heating, cooling, drying, ventilation, air purification products
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Dantherm Group](https://endata.com/companies/7388.md) (partner)
- [DBAG Fund VIII](https://endata.com/companies/62777.md) (acquirer)
- [Trotec Group](https://endata.com/companies/62778.md) (target)

## Sources

- [trotec-blog.com](https://www.trotec-blog.com/blog/trotec/dbag-fund-viii-erwirbt-die-trotec-gruppe/), 2022-05-10: "Der DBAG Fund VIII hält bereits eine Mehrheitsbeteiligung an der dänischen Holdinggesellschaft („Holding“), Eigentümerin der Dantherm Group, welche nun auch Trotec erworben hat."

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