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Samsung Acquires German HVAC Firm FläktGroup for €1.5 Billion

The deal marks Samsung's largest acquisition in eight years and its entry into the global HVAC market, targeting growth in AI-driven cooling solutions.

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Overview

  • Samsung Electronics has signed an agreement to acquire FläktGroup, a German HVAC solutions provider, from European investment firm Triton for €1.5 billion.
  • This acquisition represents Samsung's largest takeover since its $8 billion purchase of Harman International in 2017.
  • The move signals Samsung's strategic entry into the global heating, ventilation, and air conditioning market for the first time.
  • FläktGroup specializes in advanced HVAC solutions, with a focus on data centers, commercial, and industrial applications, aligning with rising demand for AI-driven cooling systems.
  • Samsung plans to integrate HVAC as a key growth engine, diversifying beyond its traditional consumer electronics business.