Announced

Latour to acquire HOWATHERM Klimatechnik.

Synopsis

Latour, an investment firm, agreed to acquire HOWATHERM Klimatechnik, a family-owned manufacturer of modular air handing units, based in Brücken, Germany. Financial terms were not disclosed. "We are happy to become part of the Swegon family, where we believe HOWATHERM can realize its full potential. Swegon’s long-term perspective and its commitment to continue to grow and invest in Brücken makes me confident that this is a great step, both for our employees and our customers," Christoph Kaup, HOWATHERM Managing Director.

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