RSM conducted the financial, legal, tax and social due diligence for BDR Thermea Group, a major player in innovative indoor climate solutions, in the acquisition of a majority stake in Eurevia, a French company specialised in heating, ventilation and air conditioning (HVAC).

Through this transaction, the Corporate Finance division strengthens its advisory positioning with multinational firms in the expansion of their portfolios of innovative energy transition solutions.

 

BDR Thermea Group, one of the world’s leading manufacturers of smart indoor climate solutions, has acquired a majority stake in heating and air conditioning company Eurevia, thereby expanding its portfolio of energy transition solutions for new buildings.

Eurevia is one of France’s leading developers and manufacturers of ducted heating and air conditioning systems for new residential and commercial buildings, as well as cruise ships. The company, which employs 40 people and markets its solutions in France, Belgium and Switzerland, will continue to operate under its own name as a subsidiary of BDR Thermea France.

This acquisition enables BDR Thermea Group to broaden its offering of energy transition solutions, providing its customers with an integrated solution that combines the low-carbon technology of heat pumps with the high efficiency of fan coil technology.

 

The RSM team

The RSM team involved was composed of

  • Financial due diligence: Eric Fougedoire, Charles Tiran, Hugo Menkhoff, Tony Dixon.
  • Legal, tax and social due diligence : Cécile Guyot, Deborah Kocher, Monia Hegy, Alix de Sigoyer.

Founded in 2009, BDR Thermea Group is a global leader in the development, manufacture and distribution of sustainable solutions and services for thermal comfort and domestic hot water production in residential and commercial buildings. BDR Thermea Group employs over 6,500 people, is present in more than 100 countries, and holds a leading position in Europe, North America, Turkey, Russia and China.
BDR Thermea France, a subsidiary of BDR Thermea Group headquartered in Mertzwiller, generates €417 million in revenue and employs 1,450 people. The company has a strong footprint in France with four industrial sites. It relies on well-established brands, each with its own identity: Chappée, De Dietrich, Oertli, Serv’élite. 

RSM is the 6th largest global network for audit, consulting and accounting services, present in over 120 countries with more than 57,000 professionals and partners.


In France, RSM is a major player in audit, advisory and accounting services, with offices in key regional economic hubs including Paris, Lyon–Chambéry–Grenoble, Aix-en-Provence, Montpellier–Nîmes, Nantes–Laval, Strasbourg–Colmar, Réunion Island and Mayotte. RSM currently has more than 1,250 professionals in France and continues to expand its regional presence. The group has structured its multidisciplinary offering around five areas of expertise: Audit, Accounting, Advisory, HR–Payroll, and Legal & Tax.

RSM’s Corporate Finance division advises companies and their executives, investment funds, as well as investors and shareholders, both in France and internationally, to help secure and optimise their financial decisions.
The team includes more than 20 professionals based in Paris and across the regions, including 3 partners. RSM Corporate Finance offers services in Transaction Services, Valuation & Complex Financial Modelling, Capital Operations, and Restructuring.

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