At what enterprise value was GROUPE ATLANTIC acquired in 2026?

During the acquisition of GROUPE ATLANTIC by PALOMA RHEEM in 2026, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 3b - 100b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of GROUPE ATLANTIC when it was acquired by PALOMA RHEEM?

The exact EV/EBITDA multiple for GROUPE ATLANTIC is available on mynth capital. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.0x. Join our community for free to access full valuation data and industry trends.

When was GROUPE ATLANTIC acquired by PALOMA RHEEM?

GROUPE ATLANTIC was acquired by PALOMA RHEEM in 2026.

What was the revenue of GROUPE ATLANTIC at the time of the deal?

The revenue of GROUPE ATLANTIC at the time of the deal is estimated to be in the range of 1b - 3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the GROUPE ATLANTIC acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the GROUPE ATLANTIC deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.groupe-atlantic.fr/content/download/7195/file/CP%20annonce%20PR_GA-final.pdf

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Home Database Industry & ManufacturingGROUPE ATLANTIC

05/2026

PALOMA RHEEM

takes majority stake in

GROUPE ATLANTIC

FRANCE Industrial Equipment / Special Machinery / Boilers & Thermal Solutions EV 3b - 100b EUR

PALOMA RHEEM takes majority stake in GROUPE ATLANTIC

FRANCE Industrial Equipment / Special Machinery / Boilers & Thermal Solutions EV 3b - 100b EUR

Context

Paloma Rheem Holdings (PRH) has finalized the acquisition of a controlling majority stake in Groupe Atlantic from its founding family shareholders in a transformational, highly sensitive transatlantic industrial transaction. The deal was structured via a definitive share purchase agreement and closed following formal regulatory clearance under France’s strict Foreign Direct Investment (FDI) review protocols. To secure authorization from the French Ministry of Economy, PRH entered into binding economic covenants explicitly committing to safeguard existing domestic jobs, preserve core R&D centers, expand local manufacturing lines, and maintain the company's long-standing corporate headquarters in France. The transaction integrates Groupe Atlantic into PRH's unified global air and water ecosystem, creating a multi-continental market leader. The investment thesis centers on combining Groupe Atlantic's dominant European eco-efficient heat pump technology with PRH’s global sourcing muscle, distribution networks, and advanced American and Asian HVAC platforms. To guarantee strict operational continuity, the transaction is structured under an autonomous subsidiary framework where the existing corporate management team remains fully in place, supported by the retained minority equity stakes of the historical family shareholders.

GROUPE ATLANTIC, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Groupe Atlantic operates as a premier European manufacturer within the heating, ventilation, air conditioning (HVAC), and water heating equipment sector, playing a pivotal role in the building industry's low-carbon energy transition. The company’s business model relies on large-scale industrial manufacturing paired with multi-brand commercial distribution across residential and commercial real estate markets. The entity's value proposition is anchored in developing high-efficiency thermal solutions, commanding a robust portfolio of well-established, specialized brands. Supported by an extensive global manufacturing footprint and a multi-continental professional workforce, the firm leverages its consolidated operational infrastructure to drive international market penetration. Strategically, the group positions itself as the absolute market leader for heat pumps and thermodynamic water heaters in its primary domestic market.

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Other operations with GROUPE ATLANTIC

Date	Acquirer	Target	Country	Sector	Deal Context
09/2018	GROUPE ATLANTIC	ACV	BELGIUM	Industrial Equipment	Groupe Atlantic has finalized the 100% corporate acquisition of Belgian thermal comfort specialist ACV, marking a significant cross-border consolidation play within the European HVAC sector. Founded fifty years ago by Pierre Lamoure and Paul Radat, ACV is widely renowned for its high-performance sanitary water heating and space heating solutions tailored for both residential and commercial applications. The transaction perimeter strategically incorporates ACV’s North American operational subsidiary based in New Jersey, where the company successfully commercializes its product pipeline under the Triangle Tube brand. Supported by dedicated financial and legal advisors, this acquisition offers the French family-owned industrial group a transformational opportunity to instantly extend its strategic influence and geographic footprint into the high-growth US market.
09/2013	GROUPE ATLANTIC	AUSTRIA EMAIL	AUSTRIA	Industrial Equipment	Groupe Atlantic has entered into a definitive agreement to acquire a 40% strategic minority stake in Austria Email AG from the industrial conglomerate Triebacher Industries AG. The transaction, executed as an all-cash corporate investment, was fully funded through Groupe Atlantic’s internal cash reserves. This transaction marks a key secondary share block trade, following Triebacher’s initial acquisition of the asset from private equity sellers two years prior. The investment thesis centers on cross-border market penetration and the capture of localized industrial synergies within the European heating and energy management sector. By securing a significant minority foothold in a prominent peer asset listed on the Vienna Stock Exchange, Groupe Atlantic establishes an immediate commercial and industrial beachhead in Austria and Central Europe.

REFERENCES

Valuation range: EV 3b - 100b EUR

Revenue range: 1b - 3b EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE ATLANTIC by PALOMA RHEEM are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: groupe atlantic

Acquirer: paloma rheem