Gewiss buys 51% of Italian air-quality startup REair

What's the deal? GewissDealroom has a profile for this one. Try Dealroom →, an international maker of home and building automation solutions, has acquired a 51% stake in REairDealroom has a profile for this one. Try Dealroom →, an Italian cleantech company. Gewiss bought shares from some existing shareholders and subscribed to a reserved capital increase to reach the majority holding.

What does REair do? The startup develops solutions to improve indoor air quality and cut outdoor air pollution. The deal value was not disclosed.

What changes? Not much for the cap table: all shareholders, including the sellers, remain within REair's shareholder structure after the transaction.

Who advised? Gewiss handled the deal internally through its Legal & Corporate Affairs team, led by general counsel Sergio Rubini and legal counsel Gaia Ghilardi, with Gatti Pavesi Bianchi LudoviciDealroom has a profile for this one. Try Dealroom → as legal advisor. REair and its shareholders were advised by Osborne ClarkeDealroom has a profile for this one. Try Dealroom →.

The signal: By taking control of REair while keeping founders on board, Gewiss adds air-quality technology to its automation portfolio — a bet that cleantech features are becoming core to the smart-building market.

Read more: Leaders League

Image credit: Generated with Gemini