Samsung Electronics (OTCPK:SSNLF) is acquiring European heating and cooling products' provider FläktGroup for €1.5B, equivalent to an enterprise value of €1.8B. On Tuesday, it was reported ...

Samsung Electronics is beginning to chart a more defined course for its future as it accelerates a series of mergers and ...

Samsung and FläktGroup-owner Triton Investments Advisers LLP are in the final stages of negotiating an acquisition that values the German firm at between $1.5 billion and $2 billion, people with ...

Samsung Electronics on Wednesday announced that it would acquire all shares of German-based FläktGroup, a leading heating and cooling solutions provider, for 1.5 billion euros.

FläktGroup emerged as the only “sizable” ventilation technology player in Europe, he said. For strategic acquirers, it checked every box, thanks to four factors.

FläktGroup is closing a highly successful 2023 and is appointing Trevor Young as Chief Executive Officer and Dave Dorney as Chief Sales Officer. HERNE, Germany, Feb. 13, 2024 /PRNewswire ...

Samsung Electronics is the buyer; FläktGroup generates over €700m in annual revenue; The deal is expected to close in 2025; Triton has agreed to sell all shares of FläktGroup, a provider of ...