TÜV SÜD acquires Danish market leader Domutech A/S
In the Real Estate and Infrastructure Division, TÜV SÜD offers comprehensive services for the entire life cycle of real estate. Recently, the company has bolstered its commitment to sustainable building practices through strategic acquisitions, such as the US-based Sustainable Investment Group (SIG) and Green Building Education Systems (GBES) in May 2024.
Domutech, founded in 2009, has rapidly grown to become Denmark’s market leader in property inspections, energy performance certifications and tech-enabled solutions, employing 194 professionals across Copenhagen, Odense and Aarhus. The company’s offerings are segmented into residential and commercial services, focusing on property inspections, energy performance certifications, digital solutions, and advisory services for property transactions and portfolio management.
With the acquisition of Domutech, TÜV SÜD is further positioning itself as a leader in this field, entering the Danish market and extending its global footprint in the green building segment. Furthermore, Domutech will serve as a starting point for establishing Building Life Cycle Services in Denmark and on neighbouring markets, with an emphasis on sustainability and TIC services, including civil, structural, electrical and mechanical services.
“Through the strategic acquisition of Domutech, we are not only expanding our geographical footprint, but we are also mutually benefiting from our services, especially in the areas of sustainability and digitalisation,” said Joachim Birnthaler, CEO of TÜV SÜD’s Real Estate and Infrastructure Division.
“By expanding our service portfolio, we can further expand Domutech’s leading position in Denmark. In addition, we have an excellent basis to roll out our services across the entire Scandinavian market which is highly attractive also beyond Domutech`s current portfolio,” said Oliver Jacob, CEO of TÜV SÜD, Western Europe.
“With the backing of TÜV SÜD, we have the opportunity to continue our dynamic growth, to open up new markets with our services and offer greater career development opportunities for our loyal workforce. Together, we will create intelligent product packages that benefit our customers,” said Christian Thysen and Martin Lavlund, Co-CEOs of Domutech.
For more information on TÜV SÜD’s real estate services, visit tuvsud.com/real-estate.
Founded in 1866 as a steam boiler inspection association, the TÜV SÜD Group has evolved into a global enterprise. About 28,000 employees work at over 1.000 locations in about 50 countries to continually improve technology, systems and expertise. They contribute significantly to making technical innovations such as Industry 4.0, autonomous driving and renewable energy safe and reliable. tuvsud.com
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