05:19 AM EDT, 08/13/2025 (MT Newswires) -- Apollo Global Management ( APO ) said Wednesday that certain of its managed funds have agreed to purchase a majority stake in Kelvion, a Germany-based provider of energy-efficient heat exchange and cooling services, from funds advised by Triton.

No financial details were disclosed, but Apollo said Triton will retain a minority stake in Kelvion.

Apollo said the transaction is expected to close between Q4 2025 and Q1 2026.