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HOLDIGAZ and boostHEAT join forces to distribute innovative boilers in Switzerland

Vevey (Switzerland)/Lyon (France), le 17 octobre 2017

HOLDIGAZ has acquired a stake in the company boostHEAT to become the exclusive supplier of innovative thermodynamic boilers in Switzerland. This revolutionary technology combines natural gas and renewable energies and cuts energy consumption in half. The products will be distributed in Switzerland from the third quarter of 2018.

After the leading Belgian operator FLUXYS invested in boostHEAT in December 2016, Vevey-based Swiss company HOLDIGAZ is now acquiring a stake in the French firm, which was set up in 2010. The thermodynamic boilers developed by boostHEAT are based on a patented thermal compression technology, which allows unrivalled performance and primary energy efficiency of up to 200% by exploiting the complementarity between renewable energies and natural gas.
This innovative technology allows substantial savings for consumers as they can halve their energy consumption while enjoying the same convenience and ease of maintenance as with conventional condensing boilers. For HOLDIGAZ, this revolutionary boiler meets the goals of the energy transition by halving energy consumption and CO2 emissions.
Reducing this greenhouse gas is one of the key objectives of many countries’ energy programmes.

HOLDIGAZ SA specialises in natural gas supply, and is majority owned by Swiss and international private investors. It will be the exclusive supplier of boostHEAT products for the Swiss market. The Vevey-based holding company, which owns firms in the construction sector in French-speaking Switzerland specialising in the field of heating, ventilation and air conditioning and sanitary installation, is particularly well placed to distribute boostHEAT’s current and future product range in Switzerland.

Commenting on the new partnership, co-founders of boostHEAT, Jean-Marc Joffroy and Luc Jacquet, said: “We’re delighted to welcome HOLDIGAZ on board as boostHEAT’s new strategic shareholder. After FLUXYS, the gas industry has shown great interest in our products. This professional recognition is encouraging and the new partnership will allow us to access the Swiss market and give us a strong presence there.

Philippe Petitpierre, Chairman and Chief Executive of HOLDIGAZ, added: “The Swiss gas industry, like the European gas industry in general, feels deeply affected by the challenges of the energy transition and efforts to reduce the consumption of fossil fuels and CO2 emissions. HOLDIGAZ is both directly and indirectly involved in research and development with a view to launching energy-efficient applications with CO2 emissions control. boostHEAT meets both criteria and consequently fits with HOLDIGAZ’s vision, therefore justifying the partnership in Switzerland.

About boostHEAT

boostHEAT is a French energy efficiency company that designed and developed and is now manufacturing the next generation of renewable energy thermodynamic boilers to provide heating, domestic hot water and air conditioning for homes and residential and commercial buildings.
Based on a patented thermal compression technology, boostHEAT’s product portfolio provides natural gas with a thermal output of up to 200%, thereby cutting energy bills in half. boostHEAT is an environmentally responsible company that has integrated the use of renewable energy in its thermodynamic boilers, thus halving greenhouse gas emissions.
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HOLDIGAZ is a Swiss holding company that is majority owned by private investors and specialises in energy and building technology in Switzerland. The group comprises seventeen companies, of which the main ones operate in the fields of natural gas and related technologies, renewables (production of biogas, thermal and photovoltaic solar), and building technologies (heating, ventilation and air conditioning and sanitary installation). In addition, the Vevey-based company has many direct and indirect shareholdings in the fields of high-pressure gas transportation, deep natural gas exploration and FLUXSWISS through the company SWISS GAS INVEST, in which it holds a majority stake. The HOLDIGAZ management is represented on the boards of gas companies in Switzerland (SWISSGAS, GAZNAT, UNIGAZ, FINGAZ and the ASSOCIATION OF THE SWISS GAS INDUSTRY) and internationally (representing Switzerland on the boards of EUROGAS and the INTERNATIONAL GAS UNION, whose global headquarters are located at the HOLDIGAZ head office in Vevey).
HOLDIGAZ is a leading partner in natural gas supply, the production of biogas, natural gas mobility, the réalisation of building infrastructures, and regional and national distribution and sale (NOVOGAZ SA). As such, its partnership with boostHEAT and its position as exclusive supplier of boostHEAT products for the Swiss market make perfect sense.
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