# Danfoss raises stake in Leanheat to 46%

Danfoss acquired additional shares in Finnish IoT building-energy firm Leanheat, bringing its total ownership to 46 per cent from 23 per cent acquired in 2016. The deal strengthens its building energy optimization offering.

- Type: Acquisition
- Announced: 2018-06-14
- Where: Finland
- Status: completed
- Products: IoT building HVAC upgrade solutions, building energy optimization software
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Danfoss](https://endata.com/companies/1945.md) (acquirer)
- [Leanheat](https://endata.com/companies/3443.md) (target)

## Sources

- [danfoss.com](https://www.danfoss.com/en/about-danfoss/news/cf/danfoss-expands-partnership-with-leanheat/), 2018-06-14: "Danfoss acquires additional shares in Leanheat to further strengthen its global position within building energy optimization and management."

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