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RETTIG ICC decided to invest in EMMETI Group

10.11.2015 - events

Emmeti News
Europe’s leading supplier of heat emitters and indor climate comfort, Rettig ICC invests in the EMMETI Group by acquiring the entire share of private equity fund PM & Partners and a part of the shares of Mario Martin, co-founder and current CEO of the Emmeti Group. Rettig ICC, which is part of Rettig Group Ltd. , produces and suppliessteelpanel radiators, underfloor heating, valves and controls for heating systems and indoor climate comfort. The acquisition of Emmeti supports Rettig ICC’s growth and innovation strategy,allows Rettig ICC to enter new geographical markets and expands its traditional product range through new technologies from Emmeti.

Based on thorough analysis, Rettig has recognized the ability of Emmeti to supply the global HVAC market with competitive and innovative solutions. Even during the economically hard times that we are still experiencing, our components and systems  are used more and more in the HVAC sector.

 

No regulatory approval is required in order to close the transaction, which is expected by the end of 2015.

 

For more information:

www.rettigicc.com

www.rettig.fi

 
 
 
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