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  5. Magnum Heating Acquires Thermoduct NV

M&A Deal Summary

Magnum Heating Acquires Thermoduct NV

On September 2, 2020, Magnum Heating acquired construction company Thermoduct NV

Acquisition Highlights
  • This is Magnum Heating’s 1st transaction in the Construction sector.
  • This is Magnum Heating’s 1st transaction in Belgium.

M&A Deal Summary
Date 2020-09-02
Target Thermoduct NV
Sector Construction
Buyer(s) Magnum Heating
Deal Type Add-on Acquisition

Target

Thermoduct NV

Mortsel, Belgium
Thermoduct NV provides floor- and ceiling- heating and cooling systems. With services ranging from engineering to installation with its own specialist personnel, Thermoduct positions itself as a party offering a total solution. Thermoduct is based in Mortsel, Belgium.

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Buyer(S) 1

Buyer

Magnum Heating

Tholen, Netherlands
Category Company
Founded 1992
Sector Manufacturing
DESCRIPTION

Magnum Heating is a designer, manufacturer, and supplier of electric and water-based underfloor-, wall- and ceiling heating systems and adjacent products for residential, industrial and commercial applications. Magnum Heating was founded in 1992 and is based in Tholen, Netherlands.

DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2020 M&A 1 of 1
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