hvacrollups.com
← All signals
Deal announced Dec 2007 · Amsterdam, Netherlands; Western Europe Verified

Distech Controls acquires majority stake in SystemHouse BV to form Distech Controls Europe

Distech Controls announced acquisition of a majority stake in Amsterdam-based building-automation distributor SystemHouse BV, forming Distech Controls Europe BV to expand in Western Europe.

“Distech Controls announced the acquisition of a majority stake in SystemHouse BV, based in Amsterdam, the Netherlands, to form Distech Controls Europe BV, which will focus on developing Distech Controls’ position in Western Europe and will be responsible for product sales and market development.”

Entities

Distech Controls · Acquirer Distech Controls Europe BV · Platform Johan Schakenraad · Mentioned SystemHouse BV · Target
HVACOther Sentiment: Positive

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.