Cooling technology expert EBM-Papst sold to US group Madison Air – electrive.com

German cooling technology company EBM-Papst has been acquired by US-based Madison Air in a transaction that expands the American group’s portfolio in thermal management solutions. The deal combines EBM-Papst’s expertise in cooling systems with Madison Air’s market presence, creating a larger player in the sector. Financial terms of the acquisition were not disclosed in the announcement.

Read Full Article →