Madison Air to Acquire ebm-papst, Expanding Return on Air™ Capabilities and Accelerating Durable Growth in Air Quality Solutions

Madison Air to Acquire ebm-papst, Expanding Return on Air™ Capabilities and Accelerating Durable Growth in Air Quality Solutions

* Acquisition nearly doubles Madison Air's addressable market while vertically integrating differentiated air flow technology and expanding commercial segment, aftermarket and services opportunities * Reinforces the durability and resilience of Madison Air's long-term growth algorithm through the addition of a high-quality business serving attractive, mission-critical air quality, cooling and industrial process applications * Transaction is expected to be accretive to adjusted earnings per share (EPS) in the first full year following closing, with anticipated annual run-rate synergies of $160 million by year three and Madison Air's proven operating model driving margin expansion CHICAGO, Aug. 17, 2026 /PRNewswire/ -- Madison Air Solutions Corporation (NYSE: MAIR) (the "Company" or "Madison Air"), a global provider of air quality solutions, today announced it has entered into a definitive agreement to acquire ebm-papst at an enterprise purchase price of $5.4 billion, or $5.0 billion net of future tax savings(1) ("effective enterprise purchase price"). The effective enterprise purchase price represents 14.6x ebm-papst's forecasted 2026 adjusted EBITDA, or 10x including estimated run-rate synergies.