From family business through financial investor to a part of global group
GPEF II investment in 2012 into KS Klima-Service represents one of the successful succession stories with Genesis Capital. Established in 1993 as an importing company of air filters from Germany, KS Klima-Service started its production in 1995 and since then it has grown to the leader in the development, production and supply of air filters and filtering equipment for atmospheric filtration in the Czech Republic.
After many intensive years of leading the company, its founders decided to step down from day-to-day management of the company and rather supervise its further development. GPEF II offered to purchase a majority share and the founders kept a minority which assured continuity of leadership and direction of the company. KS Klima’s existing and new managers purchased a smaller minority stake alongside Genesis Capital, which considers experienced and competent management teams to be one of the most important factors determining a success of a company.
During the latter years, the company had grown its sales and product portfolio, expanded in foreign markets and managed to remain a very attractive employer in the region. The final step of this transition was a relocation from the original seat Dobříš into new custom-built production premises in Příbram completed in 2018. The location increased production capacity by 50% and provided new possibilities for further development and growth with the new strategic investor.
In 2018, the company posted revenues of € 10 million, had almost 100 employees and supplied over 2000 customers in the Czech Republic, Slovakia and other European countries. Its main products include pocket and panel filters, HEPA and compact filters, reactivation of activated carbon and special filtration systems and their designs.
In 2019, after gradual growth and innovation, KS Klima-Service completed its transition into a major regional player in the atmospheric filtration equipment. GPEF II and the founders’ family jointly sold 100 % of the Company’s shares to a global leader in the development, manufacture and sale of HVAC systems, TROX GmbH. The new owner plans to expand the production in Příbram.