OTTO Luft- und Klimatechnik

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Acquisition

Dec 19, 2018ACQUISITIONBad Berleburg, Germany700 jobs
ENGIE Deutschland acquires OTTO Luft- und Klimatechnik
ENGIE Deutschland GmbH has signed an agreement to acquire OTTO Luft- und Klimatechnik GmbH & Co. KG, a specialist in ventilation, air conditioning, cooling technology and building automation. OTTO has 700 employees and estimated 2018 turnover of EUR 120 million. The deal is subject to cartel authority approval.
Equistone Partners Europe partner ENGIE Deutschland GmbH acquirer OTTO Luft- und Klimatechnik GmbH & Co. KG target OTTO Luft- und Klimatechnik target #HVAC and Industrial Refrigeration #Automation and Robotics en.newsroom.engie.com iwk-cp.com

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