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Thermon expands electric heater offering through acquisition of F.A.T.I.

TAKEN PRIVATEOct 03, 2024

Acquiring Company

Thermon

Acquired Company

F.A.T.I

AustinMilanManufacturingManufacturing

Description

Thermon, a global leader in advanced heating and filtration solutions, has successfully acquired F.A.T.I., an Italian company known for its high-quality electric heaters. This strategic move allows Thermon to expand its product portfolio and strengthen its position in the industrial and commercial electric heater market.

Quick answer

Thermon is acquiring F.A.T.I, announced October 3, 2024. Thermon is based in Austin, Texas, United States.

How much did Thermon pay for F.A.T.I?
The deal value was not disclosed.
What does Thermon do?
Thermon is a global leader in the development and manufacture of advanced heating and filtration solutions for industrial, commercial, and hazardous area applications.
Where are Thermon and F.A.T.I based?
Thermon is based in Austin, Texas, United States. F.A.T.I is based in Milan, Lombardy, Italy.
Who are the decision-makers at Thermon?
Fundz holds 5 contacts at Thermon. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Manufacturing and Manufacturing

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Company Information

Company

Thermon

Location

Austin, Texas, United States

About

Thermon is a global leader in the development and manufacture of advanced heating and filtration solutions for industrial, commercial, and hazardous area applications. With a strong focus on innovation and customer satisfaction, Thermon has a diverse product portfolio and a strong presence in the global market.

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Frequently asked

Who acquired F.A.T.I?

F.A.T.I was acquired by Thermon, based in Austin. The deal was reported on October 3, 2024. Thermon is a global leader in the development and manufacture of advanced heating and filtration solutions for industrial, commercial, and hazardous area applications. Thermon is privately held and operates in Manufacturing.

When did Thermon acquire F.A.T.I?

Thermon's acquisition of F.A.T.I was reported on October 3, 2024. Thermon, a global leader in advanced heating and filtration solutions, has successfully acquired F.A.T.I., an Italian company known for its high-quality electric heaters. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does F.A.T.I do?

F.A.T.I. Srl is a technology house which has been providing manufacturing, engineering, construction and project management solutions in energy market since 1945. It is privately held, operating in Manufacturing, and is based in Milan.

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

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