# Värmevärdens owners acquire Adven

The owners of Värmevärden have completed the acquisition of 100% of the shares in Adven, a leading Nordic provider of district heating and industrial solutions, increasing their presence in the Nordic energy market.

- Type: Acquisition
- Announced: 2020-10-23
- Where: Sweden
- Status: completed
- Products: district heating, industrial energy solutions
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Värmevärden](https://endata.com/companies/50717.md) (acquirer)
- [Adven](https://endata.com/companies/50718.md) (target)

## Sources

- [mynewsdesk.com](https://www.mynewsdesk.com/se/advensverige/pressreleases/vaermevaerdens-aegare-foervaervar-adven-3210321), 2020-10-23: "Värmevärdens ägare har nu slutfört förvärvet av 100 procent av aktierna i Adven."
- [bioenergitidningen.se](https://bioenergitidningen.se/varmevardens-agare-forvarvar-adven/), 2020-10-29: "Värmevärdens ägare har nu slutfört förvärvet av 100 procent av aktierna i Adven, en ledande nordisk aktör inom fjärrvärme och industrilösningar."

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