# thermondo acquires photovoltaic installer Febesol

thermondo, a heat pump installation provider, has announced the acquisition of Febesol, a photovoltaic installation company in southwest Germany. The merger creates a group of nearly 1,000 employees with expected annual turnover over EUR 200 million.

- Type: Acquisition
- Announced: 2024-04-29
- Where: Germany
- Status: announced
- Products: heat pumps, photovoltaic systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [thermondo](https://endata.com/companies/77097.md) (acquirer)
- [Febesol](https://endata.com/companies/77098.md) (target)

## Sources

- [startbase.com](https://www.startbase.com/news/thermondo-kauft-febesol/), 2024-04-29: "The acquisition of Febesol is a logical step towards achieving our goal of offering climate-neutral living."

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