# Learnd SE acquires majority stake in Ashdown HVAC Controls and related companies

Learnd SE entered a share purchase agreement to acquire 68% of Ashdown HVAC Controls Limited, ACS Maintenance Limited, and Ashdown Control Switchgear Limited for £4.03 million cash and shares, with a total enterprise value of £5.9 million.

- Type: Acquisition
- Announced: 2024-02-22
- Where: United Kingdom
- Value: $7.48M (5.90M GBP)
- Status: announced
- Products: HVAC controls, maintenance services, control switchgear
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [learnd](https://endata.com/companies/45367.md) (acquirer)
- [Ashdown HVAC Controls Limited](https://endata.com/companies/75808.md) (target)
- [ACS Maintenance Limited](https://endata.com/companies/75809.md) (target)
- [Ashdown Control Switchgear Limited](https://endata.com/companies/75810.md) (target)

## Sources

- [ca.marketscreener.com](https://ca.marketscreener.com/quote/stock/LEARND-SE-128408938/news/Learnd-SE-has-entered-into-a-share-purchase-agreement-to-acquire-Ashdown-HVAC-Controls-Limited-ACS-46032758/), 2024-02-22: "Learnd SE has entered into a share purchase agreement to acquire Ashdown HVAC Controls Limited / ACS Maintenance Limited / Ashdown Control Switchgear Limited from its current shareholders."
- [hk.marketscreener.com](https://hk.marketscreener.com/quote/stock/LEARND-SE-128408938/news/Learnd-SE-has-entered-into-a-share-purchase-agreement-to-acquire-Ashdown-HVAC-Controls-Limited-ACS-46032758/), 2024-02-22: "Learnd SE has entered into a share purchase agreement to acquire Ashdown HVAC Controls Limited / ACS Maintenance Limited / Ashdown Control Switchgear Limited from its current shareholders."

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