Divestiture • Distribution

Fedders Acquires Polenz

On March 1, 2001, Fedders acquired distribution company Polenz from Senior

Acquisition Context
  • This is Fedders’ 1st transaction in the Distribution sector.
  • This is Fedders’ 1st transaction in Germany.

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M&A Deal Summary

Date March 1, 2001
Target Polenz
Sector Distribution
Buyer(s) Fedders
Sellers(s) Senior
Deal Type Divestiture

Target Company

Polenz

Norderstedt, Germany
Polenz GmbH is a distributor of premier air treatment products.
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Buyer Overview 1

Buyer

Fedders

Liberty Corner, New Jersey, United States

Category Company
Sector Consumer Products
DESCRIPTION

The company engages in Heating, Ventilation and Engineered Products.


Deal Context for Buyer #
Overall 1 of 1
Sector: Distribution 1 of 1
Type: Divestiture 1 of 1
Country: Germany 1 of 1
Year: 2001 1 of 1

Seller Profile 1

SELLER

Senior

Rickmansworth, United Kingdom

Category Company
Founded 1933
Sector Manufacturing
Employees6,679
Revenue 977M GBP (2024)
DESCRIPTION

Senior is the holding company for a global group of firms in the manufacturing and engineering industries. Senior was founded in 1933 and is based in Rickmansworth, United Kingdom.


Deal Context for Seller #
Overall 1 of 3
Sector: Distribution 1 of 1
Type: Divestiture 1 of 3
Country: Germany 1 of 1
Year: 2001 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-06-18 Senior Air Systems

United Kingdom

Senior Air Systems a Stoke-on-Trent, England, company that manufacturers and sells air conditioning equipment. SAS, which currently manufactures its products under the Moducel and Colman brand names, specializes in sales to the non-residential HVAC markets.

Sell -

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