Transaction

Clearwater advises Eurevia on the sale of a majority stake to BDR Thermea

Transaction

Eurevia sold to BDR Thermea

Sell-side

Undisclosed

Role

Adviser to the shareholders of Eurevia on its sale to BDR Thermea

Sector

Industrial & Chemicals

Region

France & Belgium

Clearwater has advised Eurevia, a leading French developer and manufacturer of ducted heating and cooling systems, on the sale of a majority stake to BDR Thermea, a leading global manufacturer of smart indoor climate solutions.

Eurevia is a leading French developer and manufacturer of ducted heating and cooling systems for residential and commercial new builds, as well as cruise ships. Its connected solutions provide heating, cooling, and air filtration, via ducted systems that allow users to control the temperature and indoor air quality in each area or zone.

Eurevia’s product portfolio includes air-handling units, diffusers, and smart controls that, when integrated with a heat pump, allow for maximum efficiency, while ensuring a comfortable and silent airflow. Air-handling units are among the most energy-efficient ways to provide heating, cooling, and air filtration on a room-to-room basis (zoning).

Headquartered in La Ciotat, Eurevia has 40 employees and sells its solutions in France, Belgium, and Switzerland. The company will continue to operate under its own name, as a subsidiary of BDR Thermea France.

BDR Thermea Group develops and supplies innovative products and services that enable the global shift towards sustainable energy carriers. Based in Apeldoorn, Netherlands, and with a staff of more than 6,000 employees, the company serves customers in more than 100 countries worldwide.

With this acquisition, BDR Thermea Group will expand its portfolio of energy-transition solutions for new builds.

pipes Eurevia

Eurevia’s product portfolio is a great addition to our energy-transition solutions for new builds. Heat pumps play a key role in the decarbonisation of buildings. By bringing Eurevia into the BDR Thermea Group, we can offer customers an integrated solution that combines the low-carbon technology of heat pumps, with the high efficiency of fan-coil technology.

Bertrand Schmitt, CEO, BDR Thermea Group
pipes Eurevia

After several years working with BDR Thermea Group to develop the eno@home solution, this new partnership seemed obvious in order to work even closer together, with a common goal of buildings decarbonisation.

David Loyer, Managing Director and co-owner, Eurevia

We are proud to have supported Eurevia's shareholders in setting up this strategic partnership with BDR Thermea, which will enable Eurevia to rapidly expand in the French market, thanks to significant commercial and operational synergies.

Clearwater

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