Fundz
Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly. See plans and pricing.See plans →

CAREL acquires Cotes dehumidification business

PRIVATESep 11, 2026about 3 hours ago

Acquiring Company

CAREL Industries

Acquired Company

Cotes A/S and Tørbåd ApS

BrugineRegion ZealandManufacturingEnergyManufacturing

Description

CAREL Industries has completed the acquisition of 100% of the share capital of Cotes, which includes Cotes A/S and Tørbåd ApS. This acquisition adds dehumidification technology to CAREL's offerings. The completion followed an announcement made on July 10, 2026. Financial details of the transaction remain undisclosed.

Company Information

Company

CAREL Industries

Location

Brugine, Veneto, Italy

About

CAREL develops and markets hardware, software and algorithm solutions intended to improve system and unit performance and support energy savings. The group operates across specialized HVAC/R market segments and supplies solutions for applications with specific technical requirements. HVAC represented 72% of CAREL Group revenue for the financial year ended December 31, 2025.

Don't miss CAREL Industries's next move

Get an email the moment CAREL Industries makes an acquisition, hires an exec, or expands, usually minutes after it happens.

One email per event. Unsubscribe anytime.

Related People

Pushpak
Likely contact at this company
••••••••@••••••••

See Pushpak's verified email →

Andrew
Likely contact at this company
••••••••@••••••••

See Andrew's verified email →

Predictive Intelligence
Strategic

ML-powered predictions for CAREL Industries's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Cotes A/S and Tørbåd ApS?

Cotes A/S and Tørbåd ApS was acquired by CAREL Industries, based in Brugine. The deal was reported on September 11, 2026. CAREL develops and markets hardware, software and algorithm solutions intended to improve system and unit performance and support energy savings. CAREL Industries is privately held and operates in Manufacturing.

When did CAREL Industries acquire Cotes A/S and Tørbåd ApS?

CAREL Industries's acquisition of Cotes A/S and Tørbåd ApS was reported on September 11, 2026. CAREL Industries has completed the acquisition of 100% of the share capital of Cotes, which includes Cotes A/S and Tørbåd ApS. This acquisition adds dehumidification technology to CAREL's offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cotes A/S and Tørbåd ApS do?

Cotes provides adsorption dehumidification solutions designed with a focus on energy efficiency. The company specializes in dehumidification technology. It is privately held, operating in Manufacturing, and is based in Region Zealand.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.