# 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.

- Type: Acquisition
- Announced: 2022-09-03
- Where: Gladbeck, Germany; Świdnica, Poland, Germany
- Value: $12.0M (12.0M EUR)
- Jobs: 200
- Status: announced
- Products: rotary heat exchangers, plate heat exchangers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Carel](https://endata.com/companies/5519.md) (acquirer)
- [Klingenburg GmbH](https://endata.com/companies/65117.md) (target)
- [Klingenburg International](https://endata.com/companies/65118.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/carel-buys-german-manufacturer-klingenburg/), 2022-09-03: "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."

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