18. April 2024

ARBONIA climate to be acquired by Midea Group. Sustainable growth with a new strategic investor.

Midea Group has agreed to acquire the ARBONIA climate division. The Board of Directors of Swiss Arbonia AG has accepted Midea Group's offer to purchase its indoor climate specialist. Both parties already signed the agreements. Completion of the transaction is subject to customary closing conditions and approval by relevant regulators.

Midea Group develops and manufactures products in the area of air conditioning and building technology, industrial components, robotics and automation. The Group’s headquarter is located in Foshan, in the south of China. With more than 190,000 employees, the group achieved a turnover of around 48 billion euros in 2023.

Arbonia climate will join Midea's building technology division, of which the European operations currently center around Clivet, headquartered in Italy. Clivet employs around 1,000 people in Europe, the Middle East and India, and focuses on building technology products for residential households and commercial buildings.

Together Clivet and ARBONIA climate will offer integrated HVAC systems for Mediterranean and Nordic climates. Both groups are committed to support the energy transition through innovative products and solutions.

Alexander Kaiss, CEO of ARBONIA climate, sees the division in good hands going forward: "Midea is a very innovative, competitive group of companies and a strategic investor from the industry that is committed to our successful further development. Midea has a demonstrated track record of past successful investments, notably in Clivet. With this acquisition, Midea is pursuing long-term goals and, together with Clivet, we see great opportunities for further profitable and sustainable growth."

27. February 2024

Arbonia AG considers new opportunities for the ARBONIA climate Division. Further growth outside of the Group.

The Board of Directors of Arbonia AG has initiated a sales process for the ARBONIA climate Division. It sees better development possibilities and growth opportunities for its indoor climate specialist outside of the Group.

ARBONIA climate is the umbrella organisation of the following brands: KERMI, PROLUX, SABIANA, VASCO, arbonia, Britec, Brugman, Cicsa, PZP, Solius, Superia, Tecna, and Termovent.

A new strategic investor should enable the ARBONIA climate Division to fully exploit its potential and expertise as well as support the energy revolution in the building sector even more strongly.

In the sales process, the prospective buyers are currently being given a closer look through a due-diligence review to evaluate the opportunities and risks. The identity of the prospective buyers is not being disclosed for confidentiality reasons.

Alexander Kaiss, CEO of the ARBONIA climate Division, is open to the process: “The great interest in us shows that we have very good future prospects as the ARBONIA climate Division, which can improve even further with a new strategic investor. The potential buyers are impressed with our strategy and our prospects for sustainable growth.”

The customers and market partners of ARBONIA climate can count on the division’s services as usual. ARBONIA climate remains committed to its current projects and its strategy.

The ARBONIA climate Division develops and produces energy-efficient indoor climate systems for buildings of all kinds and is a market leader in Europe with its integrated plants and international sales offices. ARBONIA climate is very well positioned for the future thanks to its strategy of significantly shaping the energy revolution with innovative products and systems.


About us: The ARBONIA climate Division is part of the Swiss listed group Arbonia AG, a focused building components supplier. With over 3,000 employees throughout Europe, ARBONIA climate develops and produces energy-efficient indoor climate products and systems for all kinds of buildings. In 2023, ARBONIA climate generated sales of around 577 million Swiss francs.

The division’s sites are located in Dilsen (Belgium), Shanghai (China), Plattling and Glaubitz (Germany), Hagenbach (France), Corbetta (Italy), Legnica and Wroclaw (Poland), Porto (Portugal), Stupino and Moscow (Russia), Arbon (Switzerland), Kladovo and Belgrade (Serbia), Madrid (Spain), Stribro and Opocno (Czechia).