Domestic
ebm-papst sold to Madison Air for nearly five billion euros
The German company ebm-papst is being acquired by the US firm Madison Air to strategically penetrate the market in the USA.
The fan specialist ebm-papst, based in Baden-Württemberg, is being sold to the US company Madison Air for nearly five billion euros. This move has been seen by the company’s shareholder families as a way to strengthen access to the American market.
The sale to Madison Air takes place in the context of growing interest in developments in artificial intelligence. The shareholder families view the acquisition as an opportunity for future growth in a dynamic market environment.