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Samsung Completes €1.5 Billion Purchase of FlaktGroup to Expand Industrial HVAC

The move positions Samsung to pursue data‑center cooling using FlaktGroup’s expertise.

Overview

  • Samsung closed the deal to acquire 100% of Germany-based FlaktGroup after a June agreement with investor Triton valued at €1.5 billion.
  • FlaktGroup will operate as an independent subsidiary, with its brand, management and workforce retained.
  • Subsidiaries Woods Air Movement, SEMCO and SE‑Elektronic are included in the transaction and will come under Samsung.
  • Samsung plans to use FlaktGroup’s production and sales networks to expand R&D, reinforce supply chains and integrate product portfolios.
  • The strategy prioritizes commercial HVAC and high‑growth sectors such as AI data centers, with plans to link advanced HVAC controls to SmartThings Pro and b.IoT for smart‑building offerings.