Viessmann purchases electronic control supplier, PSV

The Viessmann Group has acquired electronic control specialist PSV (Project Service and Value) srl - . The company develops electronic controls for the heating and ventilation market and was previously a part of Italian electronic engineering group, Gruppo Giordano.

The PSV purchase follows high profile acquisitions of Schüco Photovoltaics and refrigeration company Norpe. PSV employs nine staff at its headquarters in Padua, and is headed by Lorenzo Bicego. The company has worked alongside Viessmann for many years already and has recently been almost exclusively supplying it with control units.

With this acquisition, Viessmann gains an in-house provider of electronic equipment for its complete range of Vitodens wall-mounted gas boilers.

-ENDS-

About Viessmann Ltd.

Viessmann Limited is part of the Viessmann Group of Companies which is one of the leading international manufacturers of heating systems. Founded in 1917, the family business is overseen by the chairmanship of Managing Partner Dr. Martin Viessmann. The Group has annual turnover of EUR 2.1 billion and employs a staff of approximately 11,400. Viessmann’s comprehensive product range encompasses all fuel types and applications, allowing it to deliver high quality, efficient and fully integrated solutions. With an output range of 1.5 to 120,000 kW, Viessmann offers oil and gas-fired boilers, solar thermal and photovoltaics, combined heat and power modules (CHP), ground, air and water sourced heat pumps and biomass boilers.

Press Enquiries

Beth Rothwell, Propel Technology, Unit 4 Manor Farm Offices, Northend Road, Fenny Compton, Warwickshire, CV47 2YY. +44 (0)1295 770602. Beth@propel-technology.com

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