Allied Hydronics B.V., the owner of Dutch climate control market leader Therminon B.V., has acquired 100% of the shares in Robot Vloerverwarming B.V.
Robot Vloerverwarming is a manufacturer and supplier of heating products and underfloor heating systems. Robot Vloerverwarming develops, manufactures and sells various high-quality products and services for the underfloor heating market, such as manifolds, room control systems, pipes and installation plans.
Over the past 8 years, Rembrandt Mergers & Acquisitions has advised the shareholder on the acquisition of Robot Floor Heating, the buyout of his co-shareholder and now the sale of the company.