# Zehnder Group acquires Grupo Siber

Zehnder Group has acquired Catalan Grupo Siber from its founding partner and majority shareholder Quarza Inversiones, expanding its presence in the residential and light commercial ventilation market in Spain and Portugal.

- Type: Acquisition
- Announced: 2024-07-05
- Where: Catalonia, Spain
- Status: completed
- Products: ventilation solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Zehnder Group](https://endata.com/companies/37910.md)
- [Grupo Siber](https://endata.com/companies/78453.md) (target)
- [Quarza Inversiones](https://endata.com/companies/78454.md) (investor)

## Sources

- [iberianlawyer.com](https://iberianlawyer.com/zehnder-group-acquires-grupo-siber-the-advisors/), 2024-07-05: "This acquisition is part of Zehnder’s strategy to expand its presence in the residential and light commercial ventilation market, with a focus on double-digit growth."

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