Thanks to this deal, Insserco will increase its positioning in Spain as a supplier of complete HVAC solutions, projecting significant growth in the industrial and tertiary sectors, as well as in the sale of digital energy services.
Insserco was founded in 1975 by Juan Miguel Moreno Muñoz. Today, the company employs around 95 people under the leadership of CEO Juan Miguel Moreno Muñoz and his management team Rocío Moreno Rodríguez, Juan Miguel Moreno Rodríguez and Juan Lodares. The company focuses its main activity on residential and tertiary projects. In recent years, the company has strengthened its position in the mechanical installations market and boosted the areas of maintenance and energy management.
Viessmann Group is a world leader in the manufacture of heating and air conditioning systems. Founded in 1917 by Johann Viessmann. Family-owned company with 13,000 employees, represented by 22 production companies in twelve countries. With 120 sales offices, global presence, in 2021 it had a turnover of around 3.4 billion euros and has been recognised as the best German brand for energy and heating in 2022. The company has always been clearly committed to efficient energy use and management. It is one of the pioneers in the manufacture of condensing boilers and a leader in the renewable energy sector.
Confianz´s team advising on Legal and Financial matters on this deal was composed of Tax & Legal partner Álvaro Mendiola Milla and M&A analyst Guillermo González Blanco and led by president and general manager Manuel Urrutia Subinas.