# Hoval acquires 100% of YADOS GmbH

Hoval acquired 100 percent of the shares of YADOS GmbH, effective April 1, 2016. The YADOS brand will continue and the Hoyerswerda site will be expanded as a competence center and production facility.

- Type: Acquisition
- Announced: 2016-11-12
- Where: Hoyerswerda, Saxony, Germany
- Status: completed
- Products: heating, cooling and ventilation systems, district heating systems, combined heat and power units
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Hoval](https://endata.com/companies/13414.md) (acquirer)
- [YADOS GmbH](https://endata.com/companies/16349.md) (target)

## Sources

- [sht-online.de](https://sht-online.de/2016/11/12/yados-integriert-sich-in-die-hoval-familie-buendelung-der-kompetenzen-und-staerkung-der-systemloesungen/), 2016-11-12: "Rückwirkend zum 01.04.2016 übernimmt Hoval 100 Prozent der Anteile der YADOS GmbH."
- [heatingandventilating.net](https://www.heatingandventilating.net/hoval-group-acquires-district-heating-specialist-yados), 2016-11-14: "Hoval Group has acquired YADOS, a leading provider of local and district heating solutions in Germany, Austria and Switzerland."

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