Viessmann and Keyter Technologies accelerate European heat pump ramp-up with strategic partnership

Date: 17 March 2023
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The Viessmann Group and the Spanish family-owned company Keyter Technologies S.L., based in Lucena, near Malaga, are entering in a strategic partnership. Keyter Technologies is one of the leading manufacturers of heating, cooling and air conditioning solutions (HVAC+R) in Southern Europe and has strong research and development expertise in heat pumps and chillers. With around 600 employees, the commercial and industrial heat pump specialist is expected to generate more than 100 million euros in sales in the current fiscal year.

Aurelio García Álvarez, President and CEO of Keyter Technologies: "Climate change is the most pressing challenge of our time. With this partnership, two technologically strong, European family-owned companies are forming an entrepreneurial alliance for energy-efficient, regenerative climate solutions, looking for the acceleration of heat pump expansion. Based on this cooperation, we will strategically expand our business and drive our growth worldwide – together with a partner to whom we feel a strong cultural bond."

Max Viessmann, CEO Viessmann Group: "Viessmann and Keyter Technologies share the same values and the same mission: Through our cooperation we continue to actively drive the heat pump ramp-up and the rollout of green, electricity-based climate solutions together as enablers of the independent energy transition – following our purpose of co-creating living spaces for generations to come."

Keyter Technologies’ solutions portfolio includes the engineering, planning and manufacturing, sales and service of commercial and industrial heat pumps and chillers among other HVAC equipment under the brand Keyter, as well as a wide range of high-end products for industrial refrigeration solutions from Intarcon, and water generation systems from Genaq.

From its headquarters in Southern Spain, Keyter Technologies has international sales and service operations for its products in Europe, North and South America, Africa, the Middle East, and Asia Pacific. Keyter Technologies is leveraging the partnership for further growth opportunities – including an investment in a new plant that, in its two phases, is to totalize 70000 m2 of production facilities and 4000 m2 of office building, that is currently under construction in Lucena, Córdoba.

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