# Nordic Climate Group acquires four German HVAC companies

Nordic Climate Group acquired Friedrich Reitemeier GmbH, Versorgungstechnik Stüve GmbH, Karl Busch Installationen GmbH, and HRW Gebäudetechnik GmbH, marking its entry into the German market. The companies employ around 200 people with combined annual revenues of approximately EUR 40 million.

- Type: Acquisition
- Announced: 2026-06-02
- Where: Hamburg and Eastern-Westphalia, Germany
- Value: $44.0M (40.0M EUR)
- Jobs: 200
- Status: completed
- Products: cooling, heating and energy-efficient technical installations
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Nordic Climate Group](https://endata.com/companies/21051.md) (acquirer)
- [HRW Gebäudetechnik GmbH](https://endata.com/companies/65584.md) (target)
- [Friedrich Reitemeier](https://endata.com/companies/92097.md) (target)
- [Versorgungstechnik Stüve GmbH](https://endata.com/companies/92265.md) (target)
- [Karl Busch Installationen GmbH](https://endata.com/companies/92266.md) (target)

## Sources

- [pressroom.nordicclimategroup.com](https://pressroom.nordicclimategroup.com/posts/pressreleases/nordic-climate-group-enters-germany-through-a), 2026-06-02: "Germany is an important market with strong long-term demand driven by energy efficiency, modernisation needs and the transition towards more sustainable solutions in cooling and heating."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.