That equates to about a third of Kingspan’s current market value. The €4.25 billion valuation implied by the German deal suggests the market is applying a “gross undervaluation” to the wider group, ...

Samsung Electronics Co. on Wednesday announced the acquisition of FläktGroup, a German manufacturer of heating, ventilation and air conditioning (HVAC) systems, for 1.5 billion euros ($1.7 billion), ...

Samsung Electronics last week announced it signed a deal to acquire Germany-based FläktGroup, a heating and cooling systems provider that services data centers and other buildings and facilities.

The South Korean firm is continuing its expansion into the HVACR sector in anticipation of significant growth in the data center cooling market Samsung Electronics will purchase all shares of the HVAC ...

Earlier this month, Samsung’s audio subsidiary Harman acquired the consumer audio division of US-based Masimo for $350 million. The company has now followed up with a much larger deal, announcing on ...

Samsung Electronics has signed an agreement to acquire all shares of FläktGroup, a leading global HVAC solutions provider, for $US1.67 billion from European ...

Sign-up to receive weekly updates and the latest HVACR news in our email newsletter.

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 ...

Samsung is taking over the German air conditioning specialist FläktGroup. This was announced by the South Korean company on Wednesday. According to Samsung, the takeover is to be completed this year.