Rheem Acquires Intergas from Bregal Freshstream

June 10, 2019

Willkie advised Bregal Freshstream on its original investment and financing, and on the exit.

On May 31, Bregal Freshstream sold its stake in Intergas, the leading Dutch manufacturer of space and water heating equipment, to Rheem, the US-headquartered provider of gas furnaces, heat pumps, air conditioners, air handlers, indoor air quality products, gas and electric water heaters. The sale is Bregal Freshstream’s first full exit and third significant liquidity event since launching its maiden €600m fund in September 2015. Willkie advised Freshstream on its original investment and financing, and on the exit.

The Willkie team was led by partner Claire McDaid and included partners Mark Fine and Jane Scobie; and associates Antonio Laino, Nicola White, Katie Luton, Lindsay Murray and Fionnuala Lynch.