Power and Place – A Regulatory Guide to Data Centre Developments in Europe
20 July 2026
Madison Air Solutions Corporation ("Madison Air"), a global provider of air quality solutions, announced it has entered into a definitive agreement to acquire ebm-papst, a leading global supplier of high-performance airflow technology and a pioneer in integrated electronically commutated fan and motor systems, at an enterprise value of $5.4 billion.
Madison Air intends to fund the transaction through a combination of cash on hand and debt and equity financing.
The transaction is expected to close around year end, subject to receipt of required regulatory approvals and satisfaction of customary closing conditions.
Hengeler Mueller advised Madison Air comprehensively on the transaction.
Hengeler Mueller team for Madison Air
Corporate/M&A: Thomas Meurer, Martin Ulbrich (both lead), Tobias Schneiders (all partner), Marc Zuber (counsel), Sarah Schadeck (all Düsseldorf), Johannes Schmidt (Munich, both senior associate), Van Nguyen, Rebecca Vossebürger, Lucas Leiper, Oleg Goldschmidt, Simon Frenzel (all Düsseldorf), Talbot Zander (Frankfurt, all associate),
Antitrust/FDI: Philipp Otto Neideck, Vera Jungkind (both partner), Barbara Boytinck, Marina Kederoglu (all Düsseldorf), Christoph Sielmann (Brüssel, all senior associate), Larissa Ruch, Jonas Els, Paulina Sophie Gehrckens (all associate, all Düsseldorf),
Tax: Matthias Scheifele (Munich), Sebastian Adam (both partner), Jan Adami (senior associate, both Frankfurt),
Financing: Daniela Böning, Henning Hilke (both partner), Karsten Staupe (senior associate), Niclas Groos (associate, all Frankfurt),
Public Law: Michael Schramm (partner), Anouk Ludwig (associate, both Düsseldorf),
IP/IT: Matthias Rothkopf (partner), Johannes Jäkle (senior associate), Fabian Krome (associate, all Düsseldorf),
Employment: Christian Hoefs (partner), Musa Müjdeci, Stefan Kreß (both senior associate, all Frankfurt).
