# Midea Group completes acquisition of ARBONIA climate for EUR 760 million

Midea Group announced the completion of its acquisition of ARBONIA climate, a division of ARBONIA AG, for an enterprise value of 760 million euros. The acquired business will be combined with Clivet S.p.A. to form MBT Climate, a new group in the European HVAC industry.

- Type: Acquisition
- Announced: 2025-02-26
- Where: Switzerland
- Value: $825.0M (760.0M EUR)
- Status: completed
- Products: heating and cooling systems, energy storage, ventilation and air treatment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [MBT Climate](https://endata.com/companies/83298.md)
- [Midea](https://endata.com/companies/1678.md) (acquirer)
- [Clivet](https://endata.com/companies/9799.md) (partner)
- [Clivet](https://endata.com/companies/9799.md) (target)
- [Arbonia](https://endata.com/companies/28729.md) (target)
- [ARBONIA climate](https://endata.com/companies/83196.md) (target)
- [Termovent](https://endata.com/companies/83297.md) (partner)

## Sources

- [hvac.midea.com](https://hvac.midea.com/news/653496012038213.shtml), 2025-02-27: "On February 26, 2025, Midea Group announced the completion of its acquisition of ARBONIA climate, a division of ARBONIA AG, for an enterprise value of 760 million euros."
- [acrjournal.uk](https://www.acrjournal.uk/international/midea-seals-arbonia-deal-and-launches-mbt-climate/), 2025-02-27: "By leveraging each other’s capabilities and resources, MBT Climate is well positioned to expand its strength as a leading HVAC solution provider in Europe."
- [climatecontrolnews.com.au](https://www.climatecontrolnews.com.au/contracting/midea-creates-mbt-climate), 2025-03-03: "The Midea Group has completed its acquisition of ARBONIA climate, a division of ARBONIA AG, for an enterprise value of $US790.5 million"
- [termovent.com](https://termovent.com/en/termovent-joins-mbt-climate-a-new-chapter-in-hvac-excellence/), 2025-03-04: "The takeover of ARBONIA climate by the Midea Group has been completed."
- [bati.zepros.fr](https://bati.zepros.fr/actu-industriels/nous-voulons-etre-principaux-experts-genie-climatique-europe), 2025-03-10: "Nous voulons être l'un des principaux experts du génie climatique en Europe."
- [en.cheaa.org](https://en.cheaa.org/contents/468/12516.html), 2025-04-23: "This powerhouse collaboration will significantly strengthen Midea’s strategic deployment across Europe."

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