BDR Thermea Group acquires Hitecsa
BDR Thermea Group adds Barcelona-based Hitecsa to its portfolio, offering commercial heat pump solutions for its Spanish customers
Apeldoorn, 15 September 2021 – BDR Thermea Group, global provider of smart thermal comfort solutions, is acquiring 100% of Hiplus Aire Acondicionado, S.L., operating under the brand name Hitecsa. Hitecsa is an important company in the design, manufacture and supply of commercial and industrial climate systems in Spain.
The Barcelona-based manufacturer, with more than 160 employees, is an important brand in the fast-growing heat pump sector, specialising in complete air-to-air and air-to-water solutions for commercial and industrial customers. The acquisition, from the Spanish private-equity investment fund, Phi Industrial, is expected to be finalized this year, still being subject to approval from the antitrust authorities.
Hitecsa will become part of Baxi Spain & Portugal, a company of BDR Thermea Group. Adding Hitecsa to BDR Thermea’s Spanish and Portuguese portfolio helps to better serve its customers in the fast-growing heat pump market by extending its reach into the commercial sector.
Commenting on the deal, Bertrand Schmitt, CEO of BDR Thermea Group says: “Bringing Hitecsa into the BDR Thermea Group completes our portfolio in Spain, enabling us to offer the entire range of heat pump products to suit all customer needs, from residential to large commercial settings. Our combined business will be able to serve customers even better, with innovative solutions that help them to move faster in the energy transition’’
Our combined business will be able to serve customers even better, with innovative solutions that help them to move faster in the energy transition
CEO BDR Thermea Group
About Hitecsa
Since 1982, Hitecsa has been an important manufacturer in the Spanish market for commercial and industrial climate control systems. Hitecsa has two factories in the Barcelona area to produce heating, air-conditioning, and ventilation systems. The company is known for offering tailor-made systems for commercial/industrial customers in Spain and Portugal. It offers complete solutions spanning logistics, manufacturing, and assembly.
For more information about Hitecsa, please visit http://www.hitecsa.com/en
