CVC and Tabreed To Buy PAL Cooling For $1B

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Cooling the Future with Capital and Innovation

This acquisition is more than a financial move — it’s a thermodynamic statement. As the Middle East’s urban centers rise ever higher, the need for smart, scalable, and sustainable cooling becomes existential. By taking the helm of PAL Cooling, CVC and Tabreed are turning up the pressure — not the temperature — on what infrastructure investment looks like in the age of climate urgency.

In the sweltering climate of the Gulf, this is more than business — it’s a blueprint for surviving and thriving.