# EU clears acquisition of Climater by Krefeld and ICG

The European Commission approved the acquisition of joint control of Climater HoldCo SAS by Krefeld SAS (France) and Intermediate Capital Group plc (UK), in the HVAC and plumbing sector.

- Type: Acquisition
- Announced: 2025-02-05
- Status: completed
- Products: heating, ventilation, air conditioning, electrical engineering and plumbing
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Intermediate Capital Group](https://endata.com/companies/16827.md) (acquirer)
- [Climater](https://endata.com/companies/32234.md) (target)
- [Krefeld](https://endata.com/companies/82756.md) (acquirer)

## Sources

- [eulawlive.com](https://eulawlive.com/competition-corner/commission-clears-acquisition-of-climater-by-krefeld-and-icg/), 2025-02-05: "The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Climater HoldCo SAS ('Climater') by Krefeld SAS, both based in France, and Intermediate Capital Group plc ('ICG'), based in the UK."

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