M&A Deal Summary

York International Acquires Sabroe Refrigeration AS

On July 1, 1999, York International acquired manufacturer Sabroe Refrigeration AS from EQT

Acquisition Highlights
  • This is York International’s 1st transaction in the Manufacturing sector.
  • This is York International’s 1st transaction in Denmark.

M&A Deal Summary

Date 1999-07-01
Target Sabroe Refrigeration AS
Sector Manufacturing
Buyer(s) York International
Sellers(s) EQT
Deal Type Add-on Acquisition

Target

Sabroe Refrigeration AS

Denmark
Sabroe Refrigeration AS is a manufacturing of industrial compressors for the global food, beverage, pharmaceutical and petrochemical industries.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

York International

Norman, Oklahoma, United States

Category Company
Founded 1874
Sector Manufacturing
Employees23,200
DESCRIPTION

York International is a designer, manufacturer, and marketer of air conditioning, heating, ventilating, and refrigeration products for residential, commercial, and industrial applications.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 1999 M&A 1 of 1

Seller(S) 1

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 3 of 194
Sector: Manufacturing M&A 1 of 11
Type: Add-on Acquisition M&A Deals 2 of 76
Country: Denmark M&A 1 of 22
Year: 1999 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-06-01 Stjarn TVnatet

Sweden

Stjarn TVnatet, a leading cable television company in Sweden, in 1998 from Singapore Telecom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-08-01 Nordic Info Group AS

Silkeborg, Denmark

Nordic Info Group consisted of three leading companies active within credit and business information services in Denmark and Norway.

Buy -