# 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.

- Type: Acquisition
- Announced: 2021-09-15
- Where: Barcelona, Spain, Spain
- Status: announced
- Products: heat pumps, air conditioning systems, ventilation systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [BDR Thermea Group](https://endata.com/companies/9785.md) (acquirer)
- [HIPLUS Aire Acondicionado](https://endata.com/companies/57717.md) (target)
- [Phi Industrial](https://endata.com/companies/57718.md) (partner)

## Sources

- [bdrthermeagroup.com](https://www.bdrthermeagroup.com/stories/bdr-thermea-group-acquires-hitecsa), 2021-09-14: "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."

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