Joining forces – Hoval takes over Enventus
On 1st of December 2014, Hoval took over Enventus, a company specialising in rotary heat exchangers. The combined skill of Hoval and Enventus means
that both companies, as well as their customers, will benefit from the acquisition and the resulting expansion of expertise. The Enventus brand will
continue to exist and the competencies and the production facility for rotary heat exchangers in Jönköping, Sweden, will be retained.
Two strong suppliers have found each other: Enventus and Hoval have joined forces for the future. Representatives from the Östberg Group, the previous owner of Enventus AB, and the group management of Hoval, recently signed the contracts. On 1st of December 2014, Enventus AB in its entirety will become a fully-fledged member of the Hoval Group.
Per-Olaf Keitsch, CEO of Enventus AB, sees this move as a big opportunity: “Coming under the Hoval Group umbrella means that we can work together to achieve a greater presence in the European market.”
Fabian Frick, CEO Climate Technology in the Hoval Group, starts by referring to the similar company cultures of Enventus and Hoval: “The similar cultures create favourable conditions for us to work together to further develop our previous technical and economic success.” He goes on to consider the core competencies of the two companies and how they complement each other perfectly: “Enventus is a leader in the rotary heat exchanger sector, and the Hoval Group is a cut above the rest in Europe when it comes to plate heat exchangers.”
These advantages give rise to opportunities that Enventus and Hoval can explore and benefit from. Development, Production and Sales of rotary heat exchangers and plate heat exchangers are being expanded across the sites. Customers will continue to have a competent point of contact in the company but will also benefit from the increased level of expertise and wider product range.
For more than 25 years, Enventus AB – based in Jönköping, Sweden – has been active in the development and manufacture of rotary heat exchangers and has established itself as a leader in this market segment. With high technical competence, a reliable partnership and a global network of sales representatives, Enventus ensures a local solution for the needs of its customers.
Hoval is a leading global provider of heating and air conditioning solutions. Around 65 years of experience enable and motivate the company to create outstanding solutions and sophisticated technical developments time and time again. With roughly 1500 employees working in 16 group subsidiaries all over the world, Hoval has successfully positioned itself as a complete supplier of intelligent heating and ventilation systems that are exported to over 50 countries.
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