AFG subsidiary Kermi takes over Czech heat pump manufacturer

Kermi GmbH, a subsidiary of AFG Arbonia-Forster-Holding AG, is taking over PZP HEATING a.s., an established heat pump manufacturer in the Czech Republic. The takeover will enable Kermi to add further product solutions with an excellent price-performance ratio to the existing Kermi "x-optimized" heating system.

The Heating Technology Business Unit of the AFG Heating Technology and Sanitary Equipment Division (as of 1 January 2014 the Building Technology Division) successfully launched the Kermi "x-optimized" heating system in the spring of 2013. The system, which consists of a heat pump, storage, regulation and heat transmission (flat-panel radiator/panel heating and cooling), is suitable for new construction and renovation; the focus has so far been on the energy modernisation of detached and semi-detached houses. To expand the product portfolio, the Czech company PZP HEATING a.s. – a spinoff of PZP Komplet a.s. – is being taken over as of 1 January 2014.

PZP HEATING has been developing and producing air heat pumps, water heat pumps and brine heat pumps with an excellent price-performance ratio at its site in Dobre, Czech Republic since 1995. Since then, several thousand devices have been successfully marketed. These devices are characterised by quality, smooth operation, design and freedom from maintenance.

The takeover of PZP HEATING will enable the Heating Technology Business Unit to round out its range of products in terms of technology and in future to offer attractive system solutions especially designed for the price-sensitive new construction sector. The enlarged range of products, developed according to Kermi specifications, will be sold under the Kermi brand name via specialised wholesalers in Germany.

PZP HEATING will be developed into a centre of expertise for innovative heat pump solutions within the Heating Technology Business Unit. It will continue to cultivate the market independently under the leadership of former and current Chairman of the Board Ivo Novohradský.


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