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Announced

Completed

BDR Thermea completed the acquisition of Fortes Energy Systems.

Synopsis

BDR Thermea, a manufacturer and distributor of domestic and commercial water and space heating systems, completed the acquisition of Fortes Energy Systems, a heat network company. Financial terms were not disclosed. “The world needs a mix of technologies if we are to successfully decarbonise heating. In fact, at BDR Thermea we often speak about 4H: heat pumps, hybrids, hydrogen and heat networks. Bringing Fortes Energy Systems into BDR Thermea means we can offer the full range of options to help accelerate the energy transition for heating,” Bertrand Schmitt, BDR Thermea CEO.

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