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