Eight Advisory supported Kieback&Peter on the sale of a minority stake to Trane Technologies

Eight Advisory provided sell-side financial due diligence services to Kieback&Peter as part of the transaction.

Kieback&Peter, founded in 1927, is a pioneer in intelligent building automation, combining nearly a century of expertise with proprietary hardware, software, and energy management solutions. With approximately 1,700 employees across 50 locations worldwide, the company is dedicated to making buildings more comfortable, energy-efficient, and environmentally responsible, supporting clients in achieving their sustainability goals. 

Trane Technologies, a global climate innovator, delivers efficient and sustainable climate solutions for buildings, homes, and transportation through its strategic brands Trane® and Thermo King®. The company is recognised for its commitment to climate leadership, digital innovation, and delivering exceptional value to customers worldwide. 

The transaction aims to accelerate the transition to sustainable, intelligent buildings by leveraging the complementary strengths of both companies. Through this strategic partnership, Trane Technologies will acquire a 49% minority stake in Kieback&Peter, with an option for full ownership after three years. The collaboration will enable both organisations to offer integrated, cutting-edge solutions across the EMEA region, driving climate innovation, reducing energy waste, and shaping the future of intelligent buildings. Kieback&Peter will continue to operate independently, building on its legacy of premium quality, customer dedication, and sustainable innovation. 

Eight Advisory team members supporting this transaction: Financial vendor due diligence: Murat Deniz (Partner), Florian Mühl (Director), Maksymilian Ryczel (Senior), Rishav Das (Analyst)