Engelmann is an international innovation leader in smart submetering technologies for heat, cooling, and water measurement. The Company is renowned for its end-to-end ecosystem that is essential for efficient consumption measurement and billing in multi-tenant buildings. Its products support energy efficiency and CO₂ reduction, reinforced by circularity initiatives including an established recycling process. Headquartered in Wiesloch (DE), Engelmann employs c.210 FTEs across two production facilities in Germany and an additional one in China.
Engelmann represents a compelling investment in a resilient, regulation-driven niche within the submetering market, characterized by mandatory consumption-based billing, continual device replacement cycles, and high customer stickiness. The Company combines a defensible market position, an innovation-led product portfolio, high recurring revenues, and strong profitability supported by efficient operations. Backed by structural regulatory and sustainability trends, Engelmann is well-positioned to accelerate growth through product innovation, international expansion, digital capabilities, and selective M&A.
“We are very pleased to have the mid-market focused and pragmatic team from Rivean Capital as a strong partner for Engelmann’s next growth phase.“