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Synopsis
Wieland, a firm operating in the mechanical industry, completed the acquisition of Provides, a company in the research, development and production of heat exchangers. Financial terms were not disclosed. "The acquisition of Provides expands our global service and technology portfolio. We can now offer our customers an end-to-end manufacturing process in the field of refrigeration and air-conditioning technology: from the production of copper tubes based on recycled input materials to their assembly into tube bundles and finally efficient heat exchangers, which are installed in large air-conditioning systems in hotels and airports, for example," Erwin Mayr, Wieland Group CEO.
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