hotset has acquired the temperature control service provider iQtemp
The initiators of the acquisition: hotset Managing Director Ralf Schwarzkopf (center), iQtemp Managing Director Carlo Hüsken (left) and hotset Sales Director Sven Braatz (right) |
As a family-owned German company, hotset is considered one of the leading suppliers and system providers in industrial heating technology. Its recent portfolio includes the production of heating elements and sensors as well as the development of customized system and project solutions. The acquisition of iQtemp on June 1, 2023 – just in the year of the company’s 50th anniversary – marks a forward-looking step in the further expansion of its expertise and its entry into new market segments. This is because the integration of iQtemp services from the areas of engineering, simulation technology, additive manufacturing as well as vacuum brazing, diffusion welding, corrosion protection and filter technology means a significant expansion of the hotset portfolio of products, components and systems. “With this expansion of expertise, we are underpinning our skills in the fields of control technology, system development and process optimization, and at the same time opening up maximum leeway for the realization of innovative, intelligent thermal management solutions for all tasks in industrial heating and cooling technology”, says hotset Managing Director Ralf Schwarzkopf.
On the one hand, this means that the company can support its customers in plastics technology, toolmaking, foundry engineering, packaging technology, food technology and hot runner technology even more intensively in their development and design work. On the other hand, it can now extend its operating range far beyond into the application areas of additive manufacturing, surface and coating technology and materials engineering. “As a matter of fact, hotset is increasing its operating range quite considerably by integrating our engineering and technology services. What’s more, the fact that our expertise can be directly linked to the recent hotset portfolio in many places should release synergies relatively quickly”, says Carlo Hüsken, previous Managing Director of iQtemp.
For hotset, the acquisition of iQtemp represents a transfer of expertise and technology of extensive significance that will strengthen the competitive position of the thermodynamics specialist in the long term.