# Friedrich von Nida becomes subsidiary of Konzmann Gruppe

Friedrich von Nida Kälte- und Klimaanlagen GmbH has become a 100% subsidiary of Konzmann Gruppe as of mid-March 2023, as part of a planned succession arrangement. Konzmann Gruppe has around 900 employees and generated €150 million in revenue in 2022.

- Type: Acquisition
- Announced: 2023-03-15
- Where: Germany
- Jobs: 900
- Status: completed
- Products: refrigeration and air conditioning systems, energy and building technology
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Friedrich von Nida Kälte- und Klimaanlagen GmbH](https://endata.com/companies/69663.md) (target)
- [Konzmann Gruppe](https://endata.com/companies/69664.md) (acquirer)

## Sources

- [vonnida.com](https://www.vonnida.com/unternehmensverbund/), 2023-04-11: "Die Friedrich von Nida Kälte- und Klimaanlagen GmbH tritt seit Mitte März 2023, im Rahmen einer geplanten und qualifizierten Unternehmensnachfolgeregelung, als 100-prozentige Tochter der Konzmann Gruppe am Markt auf."

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