Arbonia acquires Vasco Group

Vasco joins Kermi in HVAC Division

17 May, 18

Swiss building supplier, the Arbonia Group has acquired Belgian radiator, ventilation and underfloor heating manufacturer, the Vasco Group, from family company Vaessen Industries.

It will join the Arbonia Group’s Heating, Ventilation and Air Conditioning (HVAC) Division, which includes Kermi, Arbonia, Sabiana and Prolux.

These brands are present in Germany, Switzerland, Italy France and Poland and the acquisition of the Vasco Group will allow Arbonia to exploit the Netherlands.

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It will also see Arbonia expand its existing market share in the French and German markets.

The Vasco Group adds Vasco, Brugman and Superia brands to the Arbonia Group’s portfolio and adds designer radiators to the portfolio.

It will allow the Arbonia Group to target the higher-priced sector of Eastern Europe, Russia, Asia and the Middle East.

In addition, it will also see the Arbonia Group grow its market sector of residential ventilation and decentralised applications, as well as underfloor heating.

Although part of the Arbonia (HVAC) division, all brands in the Vasco Group will act autonomously in their markets.

Arbonia has a turnover of 1.3billion CHF (approximately £964million) has distribution companies, offices and partners in more than 70 countries, and employs a workforce of 7,600.

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