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Samsung to Buy FläktGroup for €1.5 Billion

Bloomberg on MSN · 5h

Samsung to Buy FläktGroup for €1.5 Billion in Data Center Play

Samsung Electronics Co. has agreed to buy FläktGroup Holding GmbH for €1.5 billion ($1.7 billion), acquiring the European heating and cooling specialist in its biggest overseas takeover in eight years.

EconoTimes · 4h

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 FlktGroup for 1.5 billion ($1.68 billion) from European private equity firm Triton.

Investing.com India · 19h

Samsung nears agreement to acquire European HVAC specialist FläktGroup - Bloomberg

The acquisition of FläktGroup would strengthen Samsung’s position in the rapidly expanding HVAC market, where it competes with rivals like LG Electronics Inc (KS: 066570 ). The demand for HVAC systems is growing in line with the need for cooling solutions in data centers amid the boom in AI development.

19hon MSN

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 ...

3hon MSN

Samsung to Buy German Cooling System Maker FlaktGroup for $1.7 Billion

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

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