# Viessmann takes minority stake in Priva in strategic partnership

Viessmann Group acquired a minority interest in Dutch climate and process control company Priva as part of a strategic family partnership. The two companies will jointly offer combined climate solutions for buildings and districts.

- Type: Acquisition
- Announced: 2021-04-27
- Where: Netherlands
- Status: completed
- Products: climate control systems, process control technology
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Viessmann Group](https://endata.com/companies/7887.md) (investor)
- [Priva](https://endata.com/companies/7888.md) (target)

## Sources

- [tomorrowsfm.com](https://www.tomorrowsfm.com/fm-news/priva-and-viessmann-join-forces), 2021-04-27: "Viessmann has acquired a minority interest in Priva."

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