SPH Sustainable Process Heat GmbH has secured strategic investment from the Spirax Group to accelerate the commercialization of its advanced high-temperature heat pump technology, enhancing sustainability in industrial energy applications.
Information on the Target
SPH Sustainable Process Heat GmbH is a pioneer in the development of high-temperature heat pump technology capable of reaching temperatures of 165°C and above. This innovative technology offers improved efficiency over conventional industrial heat pumps, allowing for greater recycling of industrial waste heat, reduced energy costs, and a significant decrease in carbon dioxide emissions. SPH aims to provide industries with sustainable, electrified steam generation solutions for high-temperature applications.
Recently, SPH sought strategic investment to advance its groundbreaking technology and accelerate commercialization. In this pursuit, TAP M&A played a crucial role by advising SPH in securing a strategic investor.
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Industry Overview in Germany
The demand for sustainable energy solutions is rapidly increasing in Germany, driven by stringent regulations on carbon emissions and a nationwide push towards renewable en
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Disclosed details
Revenue: $2,396M