Enventus AB has been acquired by Hoval AG
Östberg Group AB has sold Enventus AB to Hoval AG. Financial details have not been disclosed.
Enventus AB is a manufacturer of standard and customized rotary heat exchangers, with production facilities in Sweden and China. The company's strength and strategy is high technical competence and reliable partnerships. Its products are available through a global network of production facilities, sales offices and representatives, ensuring a local response to customers.
Hoval AG manufactures air handling and climate control equipment and components, with an offering including solutions for residential ventilation, indoor climate systems, and plate and rotary energy exchangers.
The Östberg Group is a leading global manufacturer of duct fans and energy recovery units, with manufacturing sites in Sweden, China and India. It also has a global network of sales representatives.
Oaklins' team in Sweden acted as the exclusive financial advisor to the seller in this transaction.
Talk to the deal team
Related deals
TotalEnergies and SHV Energy have sold PitPoint.LNG to ViGo Bioenergy
TotalEnergies and SHV Energy have agreed to sell PitPoint.LNG, a Netherlands-based operator of state-of-the-art LNG refueling stations, to ViGo Bioenergy, a Germany-based developer and operator of refueling stations for alternative fuels. With this strategic acquisition, ViGo Bioenergy expands its international station network for alternative fuels and strengthens its European bio-LNG position.
Learn moreJL&P has received a minority investment from Arkéa Capital and Swen Capital Partners
JL&P Group has completed a primary minority LBO with Arkéa Capital and Swen Capital Partners.
Learn moreVelocys secures US$40m of growth capital
Velocys has completed a fundraising with Carbon Direct Capital, Lightrock, GenZero and Kibo Invest.
Learn more