Copeland has announced an agreement to acquire Sustainable Process Heat (SPH), a Germany-based developer of industrial heat pump technology. The deal is aimed at expanding Copeland’s industrial heating portfolio, currently operating under the Vilter brand, by broadening its range of high-temperature heat pump solutions for industrial applications.
SPH, headquartered in Overath, Germany, designs, manufactures and services heat pumps for industrial steam applications, supporting temperatures up to 180°C. The company offers systems compatible with a wide range of natural and low-GWP refrigerants, including its proprietary ThermBooster™ technology.
The acquisition is expected to enable Copeland to better serve process segments requiring high-temperature steam and support a wider variety of refrigerants. According to the company, this could enhance system efficiency and reduce emissions, depending on system configuration and operating conditions. Copeland also cited anticipated growth in the European steam heat pump market, with forecasts pointing to potential double-digit expansion in the coming years.
“The addition of SPH’s team and its differentiated technologies will enable us to serve a broader range of customers and applications,” said Ross B. Shuster, Copeland’s chief executive officer. “This broader portfolio positions Copeland well to expand our rapidly growing industrial business by helping address the world’s increasing demand for sustainable heating solutions.”
The founders of SPH — Andreas Muck, Tim Hamacher and Tor Hodne — stated: “By combining our high-temperature heat pump technology with Copeland’s expansive reach and expertise, we can help a broader range of industrial customers accelerate their transition to cleaner, more energy-efficient heating.”
Spirax Group, which currently holds a minority stake in SPH, will retain its share under Copeland ownership. Through its Steam Thermal Solutions Business, Spirax intends to market SPH’s products via its direct sales channels. The acquisition is expected to close by the end of 2025, subject to customary conditions.
