# BDR Thermea Group acquires 25% stake in G.I. Holding

BDR Thermea Group acquired a 25% stake in G.I. Holding, owner of brands CLINT, KTK KLIMATECHNIK, NOVAIR and MONTAIR. G.I. Holding manufactures heat pumps, liquid chillers, air handling units, and cooling systems, with plants in Italy and Hungary and 300 employees.

- Type: Acquisition
- Announced: 2023-09-03
- Where: Latisana, Italy, Italy
- Status: announced
- Products: heat pumps, liquid chillers, air handling units, rooftop-packaged units, fan coil units, cooling systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [BDR Thermea Group](https://endata.com/companies/9785.md) (acquirer)
- [G.I. Holding S.p.A.](https://endata.com/companies/28286.md) (target)
- [GI Holding](https://endata.com/companies/40353.md) (target)

## Sources

- [bdrthermeagroup.com](https://www.bdrthermeagroup.com/en/stories/bdr-thermea-group-acquires-25-percent-stake), 2023-09-03: "Through this partnership, we speed up our capabilities and can offer our customers access to G.I. Holding's electric-powered technology."
- [novair.it](https://novair.it/en/news/bdr-thermea-group-strategic-partnership-with-gi-holding-group/), 2023-09-05: "Through this partnership, we speed up our capabilities and can offer our customers access to G.I. Holding’s electric-powered technology."
- [batimentetenergie.com](https://www.batimentetenergie.com/bdr-thermea-de-dietrich-acquiert-25pourcent-gi-holding-cvc/2023/), 2023-09-13: "BDR Thermea, fournisseur d’équipements thermiques et propriétaire des marques Chappée et De Dietrich, prend une participation de 25 % dans GI Holding."

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