Kelvion Holding GmbH
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Kelvion Holding GmbH - overview
Established
1920
Location
Herne, -, Germany
Primary Industry
Industrial Machinery
About
Based in Germany, and founded in 1920, Kelvion Holding GmbH, d. b. a. Kelvion operates as a manufacturer of industrial heat exchangers including brazed plate heat exchangers, dry cooling systems, box coolers, finned tube heat exchangers, and transformer oil pumps, among others.
The company also provides heat exchangers commissioning and testing services. In August 2025, Apollo Global Management agreed to acquire a majority stake in Kelvion Holding GmbH from Triton for approximately EUR 2 billion. The product line of Kelvion includes multiple types of heat exchangers, including compact fin, plate, single tube, shell and tube, transformer cooling systems, cooling towers, and diesel and gas engine cooling. The company also offers heat exchanger services, such as installing, commissioning, inspection, repairing, and maintenance, including cleaning (high-pressure and dry cleaning).
Current Investors
Triton
Primary Industry
Industrial Machinery
Sub Industries
Heating, Cooling & Ventilation Equipment and Services, Industrial Machinery
Website
www.kelvion.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Kelvion Holding GmbH - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Announced | Kelvion Holding GmbH | - | ||||||||
| Trade Sale | Completed | Kelvion Holding GmbH | - | ||||||||
| Corporate Carve Out | Completed | Kelvion Holding GmbH | - |
Displaying 1 - 3 of 3

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.