Apollo-managed funds to acquire Kelvion

Published 2 months ago Positive
Apollo-managed funds to acquire Kelvion
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* Apollo-managed funds (NYSE:APO [https://seekingalpha.com/symbol/APO]) have agreed to acquire a majority stake in German thermal management solutions provider, Kelvion, from funds advised by Triton.
* The transaction is subject to satisfaction of certain closing conditions, including regulatory approvals, and is expected to close between Q4 2025 and Q1 2026. Triton will maintain a minority interest in Kelvion.
* Source: Press Release [https://seekingalpha.com/pr/20198946-apollo-funds-to-acquire-kelvion-a-leading-global-provider-of-heat-exchange-and-cooling]

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