# Viessmann and Epta form commercial refrigeration joint venture

Viessmann Refrigeration Solutions and Epta S.p.A. will combine their commercial refrigeration activities in Europe into a joint venture with over $400 million in sales. Viessmann will own 30% and Epta 70%.

- Type: Partnership
- Announced: 2023-07-19
- Status: announced
- Products: commercial refrigeration solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Viessmann Group](https://endata.com/companies/7887.md) (partner)
- [Epta](https://endata.com/companies/15237.md) (partner)

## Sources

- [dcadvisory.com](https://www.dcadvisory.com/news-deals-insights/deal-announcements/dc-advisory-acts-as-exclusive-financial-advisor-to-viessmann-on-the-creation-of-a-joint-venture-with-epta-spa/), 2023-07-19: "Through the newly founded joint venture, Epta aims to accelerate growth of the VRS business unit with the goal to become the leading commercial refrigeration solutions provider in Europe."

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