# Exodraft acquires IM Gruppen and Innoterm to expand green energy solutions

Exodraft acquired IM Gruppen, a specialist in cooling, freezing and heat recovery systems, and Innoterm, a specialist in heat pump systems. The acquisitions more than double Exodraft's revenue to approximately DKK 350 million and employee count to 175.

- Type: Acquisition
- Announced: 2021-08-11
- Where: Denmark, Denmark
- Status: announced
- Products: cooling systems, freezing systems, heat recovery systems, heat pump systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Exodraft](https://endata.com/companies/57037.md) (acquirer)
- [IM Gruppen](https://endata.com/companies/57038.md) (target)
- [Innoterm](https://endata.com/companies/57039.md) (target)

## Sources

- [exodraft-energy.dk](https://exodraft-energy.dk/fuld-fart-paa-den-groenne-omstilling-innoterm-bliver-en-del-af-exodraft-koncernen/), 2021-08-11: "Opkøbet er et kvantespring mod i første omgang at blive en væsentlig markedsudbyder af energitekniske løsninger med fokus på grøn omstilling."

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