advised on sale of companyBuilding Products & Services
has been acquired by
RAAB Lüftungstechnik GmbH, a leading manufacturer in ventilation technology, has been acquired by Felderer GmbH, a subsidiary of the listed Swedish group Lindab International AB. With the acquisition, Lindab expands its current operations in Germany and strengthens both sales and production of rectangular ventilation ducts.
RAAB Lüftungstechnik is based in Großmehring, north of Munich. The company has shown extensive growth over the past decade establishing itself as a leading manufacturer of rectangular ventilation ducts and accessories made of galvanized steel sheet, black and aluminum sheet, as well as stainless steel since 2010. The production is characterized by high efficiency and quality. The company achieved revenues of more than EUR 15 million in 2022.
Felderer Gmbh is a subsidiary of the listed Swedish group Lindab International AB. Lindab, which is represented in 24 countries, primarily develops, manufactures, and sells products and system solutions for simplified construction and for an improved indoor climate. With its approximately 4800 employees, the company achieved a revenue of EUR 1.1 billion (SEK 12,366 million) in 2022. In the fiscal year 2022, Lindab acquired German-based Felderer, a manufacturer and wholesaler of ventilation components, which holds a strong position in the German ventilation market with seven locations throughout Germany (also a transaction advised by IMAP).
The IMAP team exclusively advised Daniel Raab during the M&A process and supported him in negotiating and successfully closing the transaction.