News

Samsung buys air conditioning specialist FläktGroup for 1.5 billion euros
Samsung's acquisition of FläktGroup is intended to strengthen its position in the rapidly growing air conditioning market.
Samsung's $1.7 Billion Cooling Spree - Buys FläktGroup To Target Data Center Boom
Samsung Electronics Co acquires FläktGroup for $1.7B, expanding its HVAC business. The deal is expected to capitalize on ...
Samsung mulls acquisition of German company FläktGroup in over $1.5B deal - report
Samsung Electronics (OTCPK:SSNLF) is nearing a deal to acquire European heating and cooling products provider FläktGroup ...
Samsung in Talks to Buy FläktGroup in $1.5 Billion-Plus Deal
Samsung Electronics Co. is closing in on an agreement to buy FläktGroup Holding GmbH, acquiring the European heating and ...
EconoTimes19h
Samsung Acquires FläktGroup in $1.68B Deal to Boost Data Center Growth
Samsung Electronics has announced its largest acquisition in nearly a decade, agreeing to purchase German HVAC specialist ...
DatacenterDynamics7h
Samsung to pay €1.5bn for HVAC specialist FläktGroup
Samsung is set to pay €1.5 billion ($1.68bn) to acquire air cooling systems vendor FläktGroup. Germany-based FläktGroup ...
Techish13h
Samsung Acquires FläktGroup to Expand Its Global HVAC Business and Target Data Center Cooling
Samsung acquires HVAC leader FläktGroup for €1.5B to expand into data center cooling and industrial-grade climate control.
Heating and Ventilating6h
Triton to sell FläktGroup to Samsung
FläktGroup was formed in October 2016 through the merger of DencoHappel, previously part of the Galapagos group, a Triton Fund IV investment, with the newly acquired FläktWoods. Under Triton's ...
PE Hub14h
Triton to exit FläktGroup in €1.5bn deal
Triton has agreed to sell all shares of FläktGroup, a provider of energy-efficient indoor-air technology, delivering ventilation, air-conditioning, air-quality and fire-safety products, to Samsung ...