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Stiebel Eltron Group acquired PAW GmbH & Co. KG, a family-owned maker of heating, freshwater and flat-station distribution systems employing about 150 people in Hameln, Germany. Terms were undisclosed and Livingstone Partners advised on the sale.
“Livingstone is pleased to announce the sale of PAW GmbH & Co. KG ("PAW" or "The Company") to Stiebel Eltron Group as an exclusive M&A advisor.”livingstonepartners.com
Summarized from public sources; check the original articles before acting on it.