Deal typeM&A
IndustryNatural resources & Energy
BDO provided management advisory services to the Unitherm management teams on their sale to Purmo Group.
Unitherm Heating Systems Limited, established in 2004, is one of Ireland's leading providers of heating and ventilation solutions, particularly focusing on heat pumps and renewable energy systems. They offer a range of products and services, including air-to-water heat pumps, underfloor heating, radiators, and ventilation systems. With offices in Ireland and the UK, Unitherm serves both residential and commercial clients across both territories.
Purmo Group is a Finland-based building heating and cooling systems company. The business was acquired by US-based investment firm Apollo and Finnish-based Rettig earlier this year, which will see it de-list from the Nasdaq Helsinki stock exchange.
The team advising on the deal was led by Katharine Byrne.
Unitherm Heating Systems Limited, established in 2004, is one of Ireland's leading providers of heating and ventilation solutions, particularly focusing on heat pumps and renewable energy systems. They offer a range of products and services, including air-to-water heat pumps, underfloor heating, radiators, and ventilation systems. With offices in Ireland and the UK, Unitherm serves both residential and commercial clients across both territories.
Purmo Group is a Finland-based building heating and cooling systems company. The business was acquired by US-based investment firm Apollo and Finnish-based Rettig earlier this year, which will see it de-list from the Nasdaq Helsinki stock exchange.
The team advising on the deal was led by Katharine Byrne.