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Carel acquires German heat exchanger manufacturer Klingenburg · Endata

◂ Announcements

Sep 3, 2022ACQUISITIONGladbeck, Germany; Świdnica, Poland, Germany

Carel acquires German heat exchanger manufacturer Klingenburg

Carel has acquired 100% of the share capital of Klingenburg GmbH and Klingenburg International, a German manufacturer of rotary and plate heat exchangers, for an enterprise value of €12 million.

Value

$12.0M (12.0M EUR)

Jobs

200

Status

Announced

Productsrotary heat exchangersplate heat exchangers

CompaniesCarel acquirer Klingenburg GmbH target Klingenburg International target

Sectors#HVAC and Industrial Refrigeration

“Refrigeration controls and humidification company Carel has acquired 100% of the share capital of German rotary and plate heat exchanger manufacturer Klingenburg GmbH and Klingenburg International.”coolingpost.com

1 source
coolingpost.comCarel buys German manufacturer Klingenburg - Cooling PostNeil EverittSep 3, 2022

Summarized from public sources; check the original articles before acting on it.

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Apr 16, 2021EXPANSIONLabin, Istria, Croatia100 jobsops 2022
Carel to expand Croatian plant with 5,200m² facility
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Sep 11, 2019EXPANSIONManheim, Pennsylvania, United States
Carel inaugurates 40,000 sq ft US plant expansion in Manheim, Pennsylvania
Carel achrnews.com
Sep 9, 2019NEW FACILITYSuzhou, China, China
Carel Group inaugurates new plant in Suzhou, China
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Sep 1, 2019EXPANSIONManheim, Pennsylvania, United States70 jobsops Sep 2019
CAREL USA expands production facility in Manheim, Pennsylvania
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