advised on sale of companyBuilding Products & Services
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IMAP advised the shareholder of Alexander Ochs Group, a leading provider of technical building equipment, on the sale to Elevion Group, a subsidiary of CEZ Group (Czech Republic). With this transaction founder and managing director Alexander Ochs solved his succession and found the ideal partner to continue his lifework. Elevion Group further expands its portfolio in the HVAC sector and strengthens its presence in Southwest Germany.
Headquartered in Karlsruhe, Germany, Alexander Ochs Group is one of the region's leading medium-sized providers of heating, air conditioning, ventilation and sanitation (HVAC) systems, with a focus on total building energy management. The company's portfolio is complemented by the installation of measurement, control and regulation technology (MCR) and comprehensive customer service. As a full-service provider, the group's 160 employees plan, advise, install and maintain HVAC systems for public-sector customers property developers, various industrial clients, as well as facility managers and private customers.
With a focus on integrated energy services (ESCO), Elevion Group delivers solutions that seamlessly combine sustainable CO2 reductions, continuous energy efficiency improvements and significant energy cost savings for buildings and facilities. Elevion Group operates in 12 countries with around 60 consolidated companies and more than 4,700 employees. In 2022, the group completed projects with a total volume of around €900 million, around three-quarters of which are in Germany.
For IMAP Germany this is already the fourth transaction in the HVAC sector within the last 2 years. The team exclusively advised the shareholder of Alexander Ochs Group in a structured M&A process through all phases of the transaction. The transaction is subject to the necessary regulatory approvals.
"My wife and I would like to thank IMAP for their dedicated and competent advice during the sale process. With their industry experience in the field of technical building solutions, the transaction team really understood us and our business and found a strong partner in Elevion Group, which will enable us to achieve further growth and solid succession planning."