Company overview
Apx Data Centre Solutions is a European specialist in precision cooling solutions for mission-critical data centres.
Built on more than 20 years of data centre cooling expertise, Apx designs and manufactures high-performance cooling solutions for increasingly complex and high-density environments, driven notably by the rapid growth of AI workloads.
With an integrated manufacturing and testing footprint across France and Spain, Apx combines precision manufacturing, automated testing and climatic validation with a co-engineering approach, supporting customers from initial design through pre-commissioning and deployment.
Its product portfolio includes Computer Room Air Handlers (CRAH), Fan Wall Units (FWU), Coolant Distribution Units (CDU), as well as other specialised data centre cooling solutions.
Transaction description
Apx was established as a standalone brand following the carve-out and strategic repositioning of LFB Group’s Data Centre Solutions division, formerly part of Lennox EMEA.
The carve-out creates a dedicated platform focused exclusively on the rapidly growing data centre cooling market, with its own brand, management team and growth strategy, while benefiting from the industrial capabilities and engineering heritage of LFB Group.
Industry
Data Centre Cooling
Revenues
< €10m
Employees
< 50
Transaction type
Carve-out
Investment date
2026
Website
APX
Company overview
Erasteel is a global leader in the conventional and powder metallurgy of high-speed steels used for high performance machining, drilling and cutting tools.
The business has also unique metal recycling activities in Europe, offering sustainable solutions for the recovery of batteries, catalysts and metals.
Erasteel serves its global customers in the aerospace, automotive and industrial sectors across its six sites in France, Sweden, and China.
Transaction description
Corporate carve-out from Eramet SA
Completed on June 30, 2023
News
Find the press release here
Industry
Industrials
Revenues
275m
Employees
860
Transaction type
Carve-out
Investment date
June 2023
Website
Erasteel
Company overview
Aginode designs, manufactures, and distributes smart connectivity solutions based on optical fibre and copper technologies to data centers, smart buildings, and telecom operators.
In 2022, the business generated ca. €200m in revenues across 100+ countries thanks to its 8 industrial sites in France, Belgium, Germany, Greece, Morocco and China. The business employs ca. 680 employees worldwide.
Transaction description
Corporate carve-out from Nexans SA
Completed on October 31, 2023
News
Find the press release here
Industry
Industrials
Revenues
€200m
Employees
680
Transaction type
Carve-out
Investment date
October 2023
Website
Aginode
Company overview
LFB Group, formerly known as Lennox EMEA, operates in the Commercial HVAC and Refrigeration segments through two divisions. The HVAC division designs and manufactures commercial heating, air conditioning and air handling equipment. The Commercial Refrigeration division designs and manufactures commercial evaporators, condensing units, condensers, and dry coolers. The combined businesses serve customers in the industrial, retail, logistics, office and HORECA sectors in over 40 countries. The businesses employ ca. 940 people across four sites in France and Spain, and its pan-European commercial organization
Transaction description
Completed on December 29, 2023
News
Find the press release here
Industry
Industrials
Revenues
€200m
Employees
940
Transaction type
Carve-out
Investment date
29 December 2023