Krüger acquires Innovida Swiss Technology
Die Krüger & Co. AG übernimmt Innovida Swiss Technology, einen Tessiner Hersteller von Wärmepumpen. Damit möchte der Spezialist für Raumklima die steigende Nachfrage nach nachhaltigen Heizsystemen bedienen können.
Krüger + Co. AG, based in Degersheim, is acquiring heat pump manufacturer Innovida Swiss Technology SA, based in Sant’Antonio. The acquisition is intended to enable the indoor climate specialist to meet the growing demand for climate-friendly heating solutions, according to a media release. Nothing was disclosed about the purchase price.
Innovida is to continue as an independent company within the Krüger Group. In order to make products and spare parts available from stock for customers, installers and resellers, Krüger is commissioning a new production facility in Cadenazzo TI. This should significantly increase production capacity.
With the acquisition of Innovida Swiss Technology, Krüger Holding says it is underlining its commitment to “expand its range of environmentally friendly heating solutions and offer its customers first-class service”.
Innovida Swiss Technology has developed an environmentally friendly heat pump for single-family homes and various types of heating. According to the media release, the patented solution is highly efficient, quiet and can be installed invisibly in light wells.
Krüger was founded in 1931 and today employs 290 people at 21 locations throughout Switzerland. The family-owned company sells, rents, installs and maintains appliances and is particularly known for its Secomat room air dryer developed in the 1970s. In addition, Krüger + Co. AG offers products and services in the areas of humidification and dehumidification, construction and emergency heating, air conditioning, water damage drying.