News

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 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 ...
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 ...
EconoTimes15h
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 ...
Heating and Ventilating2h
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 Hub10h
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 ...
Techish9h
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.