# Atrea acquires 70% stake in Master Therm

Atrea, a Czech manufacturer of ventilation systems, acquired a 70% stake in Master Therm, a heat pump manufacturer. Both companies are based in Jablonec (Jablonec nad Nisou and Jablonec nad Jizerou). The deal value was not disclosed.

- Type: Acquisition
- Announced: 2024-02-29
- Where: Jablonec nad Nisou / Jablonec nad Jizerou, Czechia
- Status: announced
- Products: ventilation systems, heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Atrea](https://endata.com/companies/75952.md) (acquirer)
- [Master Therm](https://endata.com/companies/75953.md) (target)

## Sources

- [forbes.cz](https://forbes.cz/rodinny-deal-roku-jablonecka-atrea-kupuje-master-therm/), 2024-02-29: "Po vhodných tepelných čerpadlech jsme se začali ohlížet už před patnácti lety, protože děláme větrání a teplovzdušné vytápění nízkoenergetických a pasivních rodinných domů, kde tato čerpadla dávají smysl."

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