
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 savings1 ("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.










