# Chinese Tica acquires Italy-based Exergy ORC technology specialist

Tica, a Chinese HVAC manufacturer, acquired Exergy, an Italy-based specialist in Organic Rankine Cycle systems, from Maccaferri Industrial Group, including its headquarters near Milan and a Turkish subsidiary.

- Type: Acquisition
- Announced: 2020-01-19
- Where: Milan, Italy
- Status: completed
- Products: Organic Rankine Cycle systems, radial outflow turbines, PureCycle ORC systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [EXERGY](https://endata.com/companies/6005.md) (target)
- [Maccaferri Industrial Group](https://endata.com/companies/6006.md) (partner)
- [TICA](https://endata.com/companies/34832.md) (acquirer)

## Sources

- [powerprogress.com](https://www.powerprogress.com/news/acquisition-in-organic-ranking-cycle-technology/7010093.article), 2020-01-19: "Exergy has approximately 450 MWe installed in its portfolio of ORC systems and the second largest geothermal binary fleet worldwide."

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