Madison Air Solutions to Buy ebm-papst in $5.8B Deal, Expanding Global Airflow Reach
Madison Air Solutions (NYSE: MAIR) has signed an agreement to acquire ebm-papst, a Germany-based provider of high-performance airflow technology, in a transaction valued at $5.8 billion in total enterprise value.
Why it matters — MAIR watchers would care because this acquisition expands the company's global airflow reach through a major Germany-based technology provider.