Dutch acquisition advances BDR Thermea Group energy transition strategy
APELDOORN, 7 January 2019 – BDR Thermea Group B.V., a leading smart thermal comfort solutions provider, has strengthened its position in the fast-growing heat pump market with the acquisition of Dutch specialist Techneco. Effective 1 January 2019, this is part of BDR Thermea Group’s strategy to facilitate the energy transition and reduction of carbon emissions.
“With the heat pump market, including hybrid solutions, expected to quadruple in the next decade in Europe alone, we are acting decisively to seize this opportunity. This strategically important acquisition strengthens our heat pump business, and brings a valuable addition to the BDR Thermea Group portfolio which we offer to all our customers,” says Bertrand Schmitt, CEO of BDR Thermea Group.
“Succeeding in the energy transition is one of our society’s major challenges. We provide our customers the choice of different technologies that allow them to reduce their carbon footprint while enjoying comfort in their homes, workplace and leisure facilities.”
Techneco will be part of BDR Thermea Group subsidiary Remeha, the market leader in the Netherlands.
With more than 23 years of experience in heat pump technologies, Techneco is known in the industry as a leader in heat pump innovation and development. Techneco supplies electric, gas absorption and hybrid heat pumps for residential and commercial use, both for new buildings and existing buildings or renovation. Techneco is based in Delft, the Netherlands and has a team of more than 55 heat pump specialists. For more information, see www.techneco.nl
About BDR Thermea Group
BDR Thermea Group is a leading manufacturer and distributor of smart thermal comfort solutions for domestic and commercial use. The company employs more than 6,500 people and operates in more than 80 countries worldwide, with a top position in all European markets, North America, Turkey, Russia and China. BDR Thermea Group, which realised a turnover of EUR 1.7 billion in 2017, operates under renowned international market-leading trade brands including De Dietrich, Baxi, Remeha, Brötje, Chappée and Baymak. BDR Thermea Group is headquartered in Apeldoorn, the Netherlands. For more information, see www.bdrthermea.com