Dantherm acquires SET Energietechnik GmbH in Germany

Thursday, August 13, 2020

Dantherm has acquired SET Energietechnik GmbH (SET) in Germany with effect from July 31, 2020.

SET is headquartered in Hemmingen close to Stuttgart and is a leading manufacturer of products for heating and dehumidification of professional and private swimming pools primarily in Germany and Switzerland. SET has more than 30 years’ experience in the pool business and approximately 25 employees within sales, development and production.

The acquisition of SET is another key milestone in Dantherm’s expansion strategy following the acquisitions of Calorex Heat Pumps Ltd. in the UK, Schönmann AG in Switzerland, Master Climate Solutions Group (MCS) in Italy, Poland, Russia, Spain and China, Water Surveillance in Denmark, Aerial in Germany, Sovelor in France, Futurclima in Italy and Termigo in Spain.

Bjarke Brons, CEO at Dantherm Group says: “The acquisition of SET further expands our range of products within the swimming pool business area and extends our position as one of the market leaders in this industry. Germany is a key market for us and we are excited about the opportunities that SET provides in terms of market presence in Germany and product offering to existing and new customers in Europe”.

About Dantherm Group

Originally founded in 1958, the Dantherm Group is a European leader in portable and installed climate control solutions for a wide range of industries within heating, drying, cooling and ventilation. Dantherm has subsidiaries in Norway, Sweden, UK, Germany, Switzerland, Italy, Spain, Poland, Russia, China and France. In 2016 the Dantherm Group was acquired by Procuritas Capital Investors V LP.

www.danthermgroup.com

About SET

SET, headquartered in Hemmingen (Stuttgart), Germany, is a leading manufacturer of products for heating and dehumidification of professional and private swimming pools primarily in Germany and Switzerland.

www.set-energietechnik.de