Announced

Samsung Electronics to acquire FläktGroup from Triton for €1.5bn.

Synopsis

Samsung Electronics, a technology company, agreed to acquire FläktGroup, a global HVAC solutions provider, from Triton, an investment firm, for €1.5bn. “We are extremely pleased that FläktGroup has become a part of Samsung Electronics. FläktGroup, as a global top-tier HVAC specialist with over a century of expertise, has been relied on by global large clients for its technological and product innovations. Now, with Samsung Electronics’ global business foundation and investment, we expect to further accelerate our growth,” Trevor Young, FläktGroup CEO.

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