Ariston acquires Centrotec Climate Systems for €700 million

Ariston Holding N.V. acquired Centrotec Climate Systems GmbH (CCS) from Centrotec SE for approximately €700 million in cash and shares. Centrotec will become the second largest shareholder of Ariston.

“The Transaction will entail a cash payment of approx. €700 million (on a cash- and debt-free basis) and the subscription by Centrotec to approximately 41.4m Ariston shares.”freshfields.com

• 5 sources
• freshfields.comFreshfields advises Centrotec on sale of its climate solutions business to Ariston | FreshfieldsSep 1, 2022
• eqs-news.comCENTROTEC Climate Systems to join Ariston Group | Corporate - EQS NewsSep 15, 2022
• cliffordchance.comClimate Tech: Clifford Chance advises Ariston on the acquisition of CentrotecSep 19, 2022
• handelsblatt.comWärmepumpen-Firma Wolf nun italienisch: Milliarden-Deal in der KlimatechnikChristian WermkeSep 19, 2022
• installatie.nlItalianen kopen Brink, Wolf en Ned Air - Installatie.nl

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