Verdane invests €50m in Konvekta to slash emissions from buildings
12 aug. 2025
17:46
Norwegian growth equity firm Verdane has invested €50m and taken a majority stake in Konvekta. The Swiss company captures air escaping from buildings and reuses it for indoor heating or cooling.
Erich Becker, partner at Verdane, calls energy efficiency tech like this "one of the most attractive areas for growth investments" – and he’s betting big that it can curb emissions at scale.
Erich Becker, partner at Verdane, calls energy efficiency tech like this "one of the most attractive areas for growth investments" – and he’s betting big that it can curb emissions at scale.
Energy recovery company Konvekta has been owned by the Pfenninger family since its founding in 1949 – but not anymore. The firm has been acquired in an equity deal that puts it under the control of Verdane, one of Europe’s largest growth investors.
The Pfenningers will still retain a minority stake in the company. Current board member Hanspeter Pfenninger, son of Konvekta’s founder Walter Pfenninger, will remain on the board, a spokesperson from Verdane tells Impact Loop. The company's valuation was not disclosed.