IK Partners agrees to sell KNX building automation group MDT to BU Bregal Unternehmerkapital

Reuters2026/07/23 07:10

By:Reuters

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IK Partners’ IK VIII fund agreed to sell Germany-based MDT technologies, a KNX smart-building components maker, to funds advised by BU Bregal Unternehmerkapital.
Financial terms were not disclosed; closing remains subject to customary regulatory approvals.
MDT, founded in 1984 and headquartered in Engelskirchen, employs about 250 people with operations spanning Europe, India, and the Middle East.
IK’s ownership began in March 2020; MDT expanded output and its portfolio to about 600 KNX devices, backed by a new automated manufacturing site.
MDT also completed bolt-on deals for Tense, Tapko, and Apricum, broadening design, software, and geographic reach ahead of the sale.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IK Partners Ltd. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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IK Partners agrees to sell KNX building automation group MDT to BU Bregal Unternehmerkapital

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