Transaction Details

October 1, 2013
Munich

Sector

Industrials and Industrial Technology, Energy

Deal Type

M&A

Deal Value

N/D

Deal Team

Dr Martin Kühner, Axel Bauer

GCA Altium acted as financial adviser to Pluggit International GmbH on its sale to Soler & Palau.

Pluggit offers complete ventilation systems with heat recovery for all residential applications and is ranked #3 in Germany, the biggest European ventilation market, with high growth potential; beside headquarters in Munich it operates branches in Austria and Italy.

Soler & Palau is one of the largest European manufacturers of ventilation fans and air moving appliances, headquartered in Barcelona, Spain.

The transaction strengthens Soler & Palau’s position in the growing German residential ventilation market and enables Pluggit to sell its innovative products via a global sales network.

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