Trane invests in building automation firm
25th November 2025
IRELAND: Trane Technologies has entered into a definitive agreement to acquire a 49% stake in Kieback&Peter Group (K&P), a German company involved in building automation software and solutions.
Trane Technologies’ sees the investment as an opportunity to expand and accelerate climate innovation in the EMEA region.
Founded in 1927 and headquartered in Berlin, Kieback&Peter specialises in intelligent building technology with proprietary hardware, software, and energy management solutions. It has more than 1,700 employees across 50 locations worldwide.
Trane Technologies has an option to assume full ownership of the company after a three-year period. The strategic partnership includes a commercialisation agreement enabling the two companies to offer highly complementary solutions to their respective customers across the region.
“By leveraging our scale and leading sustainable building solutions alongside Kieback&Peter’s advanced controls and building management systems, we will be uniquely positioned to accelerate climate innovation, reduce wasted energy and shape the future of intelligent buildings,” commented Trane Technologies’ EMEA group president Jose La Loggia.
Kieback&Peter will continue to operate independently, led by managing partner Christoph Ritzkat.
