Target Information

München, 20 February 2025 – Mobil in Time Gruppe ("MiT") has acquired acr chiller rent GmbH ("ACR"), a specialist in the rental of refrigeration and air conditioning systems for industrial applications based in Munich. This strategic acquisition allows MiT to bolster its existing refrigeration business and reinforce its attractive position in Southern Germany.

Founded in 2004, ACR has evolved from a regional partner specializing in industrial cooling to a nationwide provider of rental cooling solutions, offering equipment ranging from 3 kW to 1,200 kW. The family-owned business, established by Bruno Trost, has been expertly managed in recent years by his brothers, Benjamin and Christoph Trost, and operates from its custom-built facility in Munich since 2014.

Industry Overview

The industrial cooling rental market in Germany is experiencing significant growth due to increasing demands for flexible cooling solutions across various sectors, including construction, data centers, and event management. With the ever-increasing focus on energy efficiency and the use of sustainable energy solutions, companies are seeking innovative approaches to meet their cooling needs without the upfront costs of traditional systems.

Germany is a leader in promoting renewable energy and energy-efficient technologies, creating a conducive environment for companies like MiT and ACR. The integration of renewable energy solutions in mobile cooling systems not only enhances efficiency but also aligns with current regulatory trends favoring carbon reduction strategies.

Additionally, the commitment to improving infrastructure and energy supplies in Southern Germany contributes to a growing demand for high-quality cooling solutions. This trend underscores the strategic importance of MiT's expanded offerings following the acquisition of ACR.

Rationale Behind the Deal

The acquisition of ACR is seen as a significant strategic move for MiT to enhance its market presence in the rental cooling segment. By integrating ACR’s established operations, MiT not only expands its portfolio with over 500 additional rental units but also gains a team of experienced professionals dedicated to delivering tailored cooling solutions to clients.

Stefan Moll-Thissen, CEO of MiT, highlighted that this merger represents a crucial step toward expanding their rental cooling business, complementing existing services in rental heating and water damage restoration. The acquisition will allow MiT to provide a broader range of services to both existing and new customers.

Information About the Investor

Verium is an independent multi-family office based in Zurich, serving entrepreneurial families with a focus on securing and enhancing family wealth over the long term. Established in 2019, Verium initially invested in MiT and has since supported the group’s evolution into a leading player in mobile energy solutions and water damage restoration through organic growth and a selective buy-and-build strategy.

Verium manages direct investments in mid-sized companies in the DACH region, including notable investments in firms such as Home Instead, Christ & Heiri, and Toradex among others. Their involvement in MiT reflects Verium’s commitment to fostering growth and innovation in high-potential industries.

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This acquisition is poised to be a beneficial investment for MiT, as it effectively enhances their service offerings and operational capabilities in the highly competitive rental cooling market. By leveraging ACR’s established expertise and assets, MiT positions itself as a more formidable player, catering to an expanding customer base that values efficiency and sustainability.

The strategic fit of ACR within MiT’s existing business model suggests that the merger will result in improved operational synergies and enhanced customer satisfaction through a comprehensive range of services. This is critical in an industry where quick response times and reliability are paramount.

Furthermore, as energy costs continue to rise and regulations tighten surrounding carbon emissions, having a robust offering of green and energy-efficient solutions will likely increase MiT's competitive edge. The integration presents an opportunity for long-term growth and stability, making it an attractive prospect for investors.

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