# Hargassner acquires Gilles Energie- und Umwelttechnik

Hargassner, an Austrian biomass heating equipment supplier, acquired Gilles Energie- und Umwelttechnik, a developer of wood pellet and chip heating systems, to strengthen its position in the European heating market.

- Type: Acquisition
- Announced: 2020-09-03
- Where: Gmunden, Austria
- Status: announced
- Products: biomass heating systems, wood pellet boilers, chip heating systems, industrial boilers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hargassner](https://endata.com/companies/28389.md) (acquirer)
- [Gilles Energie- und Umwelttechnik](https://endata.com/companies/49706.md) (target)

## Sources

- [avebiom.org](https://avebiom.org/en/fabricante-de-calderas-de-biomasa-hargassner-compra-gilles/), 2020-09-03: "Hargassner has acquired shares in Thermosolar ... and Gilles ... This is an important milestone for the future development of the company."

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