TEKO's Parent Company KKVB Acquires Vitalis
Germany/Canada: In a move that strengthens its position in the global HVAC market, KKVB Group, the parent company of leading German OEM TEKO, has acquired CO2 HVAC Specialist Vitalis. Vitalis is a Canadian manufacturer of CO2 (R744) heating and refrigeration equipment, specializing in chillers and heat pumps for commercial, industrial, and district energy applications.
This acquisition grants KKVB Group direct access to the North American market, according to Andreas Meier, Managing Director of TEKO. This expansion positions KKVB to leverage its expertise alongside Vitalis' established presence to deliver CO2-based HVAC solutions throughout North America.
Source: Natural Refrigerants