C. Schanen S.à r.l. has been acquired by Teseos Group, enhancing its market position in the HVAC industry in Luxembourg.
Information on the Target
C. Schanen S.à r.l., established in December 1997 by Christian Schanen and Norbert Kimmel, is a prominent player in the HVAC industry, specializing in the installation and maintenance of heating, ventilation, and air conditioning systems. Their offerings include gas burners, heat pumps, ventilation solutions, boilers, as well as sanitary installations, solar thermal panels, and advanced water treatment systems. The company is well-known for its dedicated 7-day troubleshooting and maintenance services.
Situated in the business park at Bissen, the company leverages its strategic location in the Centre-North region of Luxembourg, providing excellent access to major transportation routes. As of December 2023, C. Schanen employed 30 professionals and reported revenues of €5.6 million for the fiscal year. The deal also encompassed C. Schanen’s real estate holdings, which include storage facilities, office space, and sublet premises, further enhancing its value in the marketplace.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Luxembourg
The HVAC industry in Luxembourg has witnessed steady growth, driven by increasing energy efficiency regulations and a rising demand for renewable energy solutions. With the government's commitment to green initiatives and sustainab
Similar Deals
Teseos Group
invested in
C. Schanen S.à r.l.
in 2023
in a Other deal
Disclosed details
Revenue: $6M