# Carel Industries acquires Recuperator SpA

Carel Industries SpA completed the acquisition of the entire share capital of Recuperator SpA, an Italian company that designs and produces air-to-air heat exchangers. The acquisition expands Carel's product portfolio in the HVAC market.

- Type: Acquisition
- Announced: 2018-12-15
- Where: Italy
- Status: completed
- Products: air-to-air heat exchangers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [CAREL Industries](https://endata.com/companies/9686.md) (acquirer)
- [Recuperator SpA](https://endata.com/companies/36189.md) (target)

## Sources

- [coolingindia.in](https://www.coolingindia.in/carel-group-acquires-entire-share-capital-of-recuperator-spa/), 2018-12-15: "The transaction completed today is an expression of a particularly important strategic direction, that of growth through M&A."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.