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BDR Thermea Group acquires Hitecsa to expand heat pump portfolio · Endata

◂ Announcements

HVAC and Industrial Refrigerationworld trade 2024+5.3% 5Y CAGR

Sep 15, 2021ACQUISITIONBarcelona, Spain, Spain

BDR Thermea Group acquires Hitecsa to expand heat pump portfolio

BDR Thermea Group is acquiring 100% of Hiplus Aire Acondicionado (Hitecsa), a Barcelona-based manufacturer of commercial and industrial climate systems. The deal, from private-equity fund Phi Industrial, is expected to close in 2021 subject to antitrust approval.

Status

Announced

Productsheat pumpsair conditioning systemsventilation systems

CompaniesBDR Thermea Group acquirer HIPLUS Aire Acondicionado target Phi Industrial partner

Sectors#HVAC and Industrial Refrigeration

“Bringing Hitecsa into the BDR Thermea Group completes our portfolio in Spain, enabling us to offer the entire range of heat pump products to suit all customer needs, from residential to large commercial settings.”bdrthermeagroup.com

1 source
bdrthermeagroup.comBDR Thermea Group acquires HitecsaBertrand SchmittSep 14, 2021

Summarized from public sources; check the original articles before acting on it.

More from BDR Thermea Group

Aug 27, 2023NEW FACILITYNetherlands
Remeha opens largest heat pump factory in the Netherlands
Remeha BDR Thermea Group partner bdrthermeagroup.com
Oct 10, 2022EXPANSIONMertzwiller, France; Vilafranca del Penedès, Spain, France
BDR Thermea to raise heat pump capacity 50% at French and Spanish plants
BDR Thermea Group bdrthermeagroup.com
Oct 10, 2022EXPANSIONApeldoorn, Netherlands; Bassano del Grappa, Italy, Netherlands
BDR Thermea adds heat pump production lines in Netherlands and Italy
BDR Thermea Group bdrthermeagroup.com
Nov 1, 2021ACQUISITIONVilanova i la Geltrú, Barcelona, Spain165 jobs
Baxi acquires Hitecsa from PHI Industrial
BDR Thermea Group partner BAXI acquirer phi-industrial.com
Sep 14, 2021ACQUISITIONSpain, Spain$13.9M
BAXI acquires Hitecsa to lead heat pump market in Spain
BDR Thermea Group partner BAXI acquirer baxi.es climatizacion-y-confort.cdecomunicacion.es
Aug 20, 2021ACQUISITIONupstate New York, United States
Granby Industries acquires ECR International
TerraVest Industries acquirer TerraVest Industries investor us.olsenhvac.com ecrinternational.com observertoday.com

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