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M&A Deal Summary

Armstrong International Acquires HygroTemp

On January 16, 2025, Armstrong International acquired business services company HygroTemp

Acquisition Highlights
  • This is Armstrong International’s 1st transaction in the Business Services sector.
  • This is Armstrong International’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2025-01-16
Target HygroTemp
Sector Business Services
Buyer(s) Armstrong International
Deal Type Add-on Acquisition

Target

HygroTemp

Almere, Netherlands
HygroTemp specializes in providing advanced humidity control solutions for various sectors, including buildings, healthcare, industry, and leisure. HygroTemp was founded in 2007 and is based in Almere, Netherlands.

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Buyer(S) 1

Buyer

Armstrong International

Three Rivers, Michigan, United States
Category Company
Founded 1900
Sector Machinery
DESCRIPTION

Armstrong International, Inc. is a provider of intelligent system products that improve utility performance, lower energy consumption, and reduce environmental emissions, while providing an enjoyable experience.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Netherlands) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-12 Leslie Controls

Tampa, Florida, United States

Leslie Controls is a manufacturer of industrial pumps, water heaters, control systems, and steam regulators. Leslie Controls is based in Tampa, Florida.

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