Svensson acquires Hinova

In 2021, AB Ludvig Svensson (Svensson) and Beektech Industries BV (Hinova) started a distribution agreement and collaboration. Svensson introduced ClimaFlow, a solution that combines Hinova's VentilationJet System and Svensson's Climate House advisory service. What began as a partnership between two brands has led to a strategic business acquisition by Svensson.

As of June 1, Svensson owns Hinova and its assets. Hinova will be part of the Svensson group and act as an independent production and development company, whereas all sales are performed as ClimaFlow by Svensson. Hans Weisbeek, the former owner and general manager of Hinova, acts as an external partner to Svensson and offers his knowledge and expertise to ensure that the ventilation jet system will stay innovative. Additionally, all other Hinova employees will stay on board within Hinova.

Svensson will continue to broaden its climate solution offering, by giving growers the tools to control humidity, temperature, light and UV radiation in greenhouses. With this acquisition, Svensson strengthens its position as a climate solution partner further to deliver on their promise of a better climate for people and plants.

Continue reading.

Header Photo: Bart Bakker from Svensson on left and Dominique Blok from Hinova on right.

Source: Greenhouse Management