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Complete takeover of Heating Systems

ebm-papst Landshut boosting their heating division.

Complete takeover of Heating Systems
ebm-papst Heating Systems in s’Hertogenbosch (Holland)

ebm-papst is fully taking over the Dutch heating specialist and system vendor ebm-papst Heating Systems. For more than 10 years, the technological leader in fans and motors has held a 50% stake in this company. Full ownership is to further boost the heating division at ebm-papst Landshut in Bavaria, particularly in the field of electronics and controls.

“Having successfully assumed full ownership of our development partner ebm-papst Heating Systems is a key strategic milestone for ebm-papst Landshut. This allows us to enhance our know-how and speed of innovation in close cooperation with our start-up in Osnabrück, thus sustainably improving the economic development of ebm-papst Landshut”, explains Stefan Brandl, CEO of the ebm-papst Group.

Paul Kuipers, the former joint owner, will take on the new role of Product Manager Heating and share his expertise for the benefit of the entire company. Both parties have agreed not to disclose the selling price.

“Pooling our competences will make us far more effective and more agile than we are now”, says Johannes Pfeffer, Group Managing Director Divisions St. Georgen and Landshut. “Fully integrating the electronics and control specialist Heating Systems is a key step in developing into a system supplier for innovative products in heating technology.”

ebm-papst Heating Systems in s’Hertogenbosch (The Netherlands) employs a staff of 36. The market segment Heating at ebm-papst has an annual turnover of around €200 million.

www.ebmpapst.com

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