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Consolidation trend Mar 2007 Verified

Bosch's second electric heat pump acquisition

The FHP purchase marks Bosch's second acquisition in the electric heat pump field, following its January 2005 purchase of Swedish IVT Industrier AB.

“This is Bosch’s second acquisition in the field of electric heat pumps; it bought Swedish IVT Industrier AB in January 2005.”

Entities

Bosch · Acquirer IVT Industrier AB · Mentioned
HVAC

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.