Samsung has announced that it has completed the acquisition of FläktGroup, Europe’s largest HVAC company. Following the acquisition, Samsung plans to leverage FläktGroup’s production and sales units to expand R&D and strengthen the supply chain, progressively integrating products and services to maximize synergies.
FläktGroup’s subsidiaries will also be a part of Samsung Electronics, including Woods Air Movement, which provides ventilation and fire safety systems, SEMCO, which specializes in air handling and flow solutions, and SE-Elektronic which delivers tailored advanced…
