MuoviTech acquires Värmdöpumpen

The acquisition strengthens the companies’ position since the requirements for climate change alternates the market.

MuoviTech acquires Värmdöpumpen

Värmdöpumpen has been a wholesale company since the 1960s with a wide range of water pumps, geoenergy products and drilling equipment for energy, water and foundation drilling. With distribution throughout Sweden and its own store in Huddinge, Värmdöpumpen is a complete supplier of water pumps to the drilling industry and plumbing installers.

“We felt that the market has changed in recent years and wanted to be part of a larger constellation. We have had a long and good collaboration with Muovitech, whom are a leading supplier of geoenergy products.
When Muovitech contacted us, it felt natural for us to become part of the MuoviTech Group. We look forward to developing our business together with them", says Anders Bjurling and Anders Persson, the former owners of Värmdöpumpen AB.

“The MuoviTech Group is strong in the geoenergy market and with Värmdöpumpen’s unique position in the drilling industry, we complement and develop our group. Värmdöpumpen is driven by entrepreneurship and innovation, the company is an excellent example of acquisitions that suit us well. We are proud and happy that Anders Bjurling and Anders Persson, the entrepreneurs of Värmdöpumpen, chose to belong to the MuoviTech Group. We look forward to our joint development of the range and new solutions for our current and future customers”, says Maria Paulsson, CEO of MuoviTech AB.

For more information please contact:

Maria Paulsson
CEO, MuoviTech AB
Phone: + 46 33-23 22 91
www.muovitech.com

Anders Persson
CEO, Värmdöpumpen AB
Phone: + 46 8-97 80 37
www.varmdopumpen.se

Read the whole press release

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