Samsung's acquisition of FläktGroup is intended to strengthen its position in the rapidly growing air conditioning market.

SEOUL (Reuters) - Samsung Electronics (005930.KS), said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 ...

Samsung Electronics is acquiring the German company FläktGroup, the largest air conditioning equipment manufacturer in Europe.South Korea’s largest conglomerate ...

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 ...

Samsung is set to pay €1.5 billion ($1.68bn) to acquire air cooling systems vendor FläktGroup. Germany-based FläktGroup ...

The Japanese company reported higher quarterly earnings, supported by its music and movie businesses. The deal with U.S. biotech Septerna will see the companies develop pills to treat obesity, type 2 ...

Samsung Electronics said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 billion euros ($1.68 billion) as it ...

Samsung Electronics Co acquires FläktGroup for $1.7B, expanding its HVAC business. The deal is expected to capitalize on ...

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Databricks said it would buy database startup Neon in a deal valued at about $1 billion, aiming to ...

Samsung, led by Chairman Jay Y. Lee, said at a shareholder meeting in March that it was seeking "significant" deals this year ...

FläktGroup boasts more than 100 years of technological expertise and design capabilities in the HVAC sector. The company ...

Triton has agreed to sell its shares in FläktGroup, a European specialist in energy-efficient ventilation and precision-cooling solutions, to Samsung Electronics for €1.5bn.