Zehnder Group, an international provider of solutions for a comfortable, healthy and energy-efficient indoor climate, is taking over dPoint Technologies Inc., based in Vancouver. The Canadian company is a leader in the development and manufacture of polymer membranes for enthalpy recovery systems.
Zehnder Group is increasing its share in dPoint Technologies Inc. (dPoint) from 33% to 100%. The company will operate as a wholly owned subsidiary with the established team led by local CEO and company founder James Dean, who will continue to be responsible for the management and further development of the company within Zehnder Group. “Investing in dPoint represents an important strategic step in the evolution of Zehnder Group into a leading global supplier in the hygienic enthalpy recovery sector – recovering the heat and humidity from the indoor air,” explains Dominik Berchtold, CEO of Zehnder Group.
dPoint specialises in the development and manufacture of membranes for enthalpy recovery systems and is a global market leader in this field. The membrane is the centrepiece of systems which transfer both heat and humidity, thereby significantly increasing both the comfort and energy efficiency of buildings.
dPoint was founded in 2004 and employs approximately 40 people. Since 2010, it has manufactured and sold a total area of over 1.6 million m2 of its polymer membranes. Its key customers are manufacturers in the business areas of heating, ventilation and air conditioning (HVAC) in North America, Europe and China. On top of this, dPoint produces complete enthalpy exchangers and sells these to the leading HVAC companies in North America. For the past several years, dPoint has also supplied membranes to Zehnder Group. dPoint was recently recognized by Profit Magazine for the third year in a row as one of the Top 100 Fastest Growing Companies in Canada with a ranking of #45 in Canada and # 6 in the Vancouver Region.
dPoint is preparing for another growth phase and will invest in new products, production facilities and growing its market presence. This growth is driven by the increasing demand for indoor comfort solutions in commercial and residential buildings. At the same time, dPoint will continue to supply membranes and enthalpy exchangers to companies outside of the Zehnder Group. “We will continue our partnerships with the customers who have contributed towards the strong growth of dPoint and see that the acquisition by the Zehnder Group will put us in an even stronger position to supply them with high-performing technology and help us achieve our vision of becoming the leading global supplier of energy recovery components,” states James Dean, CEO of dPoint.