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  5. Elydan Acquires HeatUp

M&A Deal Summary

Elydan Acquires HeatUp

On February 27, 2025, Elydan acquired construction company HeatUp

Acquisition Highlights
  • This is Elydan’s 1st transaction in the Construction sector.
  • This is Elydan’s 1st transaction in Sweden.

M&A Deal Summary
Date 2025-02-27
Target HeatUp
Sector Construction
Buyer(s) Elydan
Deal Type Add-on Acquisition

Target

HeatUp

Gothenburg, Sweden
HeatUp specializes in complete underfloor heating systems and the distribution of domestic hot and cold water, as well as in the distribution of pre-insulated flexible tubes, this fast-growing company has three strategic locations in Sweden. HeatUp is headquartered in Gothenburg, Sweden.

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Buyer(S) 1

Buyer

Elydan

Saint-Etienne-de-Saint-Geoirs, France
Category Company
Founded 1962
Sector Plastics
Employees400
Revenue 147M EUR (2021)
DESCRIPTION

Elydan is a polyethylene and polypropylene solutions producers in Europe. Elydan offers construction companies a complete range of polyethylene pipes and protective sheaths for the water, gas, electricity and telecommunications markets, as well as electrical, sanitary and ventilation conduits. Elydan was founded in 1962 and is based in Saint-Etienne-de-Saint-Geoirs, France.

DEAL STATS #
Overall 4 of 4
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 4 of 4
Country (Sweden) 1 of 1
Year (2025) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-27 Flextra

Finland

Flextra specializes in geothermal systems and hot water distribution in buildings through pre-insulated flexible systems.

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