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Deal announced Dec 2007 · Amsterdam, Netherlands / Western Europe Verified

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

Distech Controls acquired a majority stake in Amsterdam-based building automation distributor SystemHouse BV to form Distech Controls Europe BV, expanding its position 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 SystemHouse BV · Target
HVACOther Sentiment: Positive
Source: www.achrnews.com

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