# Maico Group acquires majority stake in Air Trade Centre

Maico Group acquired the majority shares of Turkish HVAC manufacturer Air Trade Centre (ATC) in a deal signed on 4 April 2023. The partnership aims to increase production capacity in Turkey.

- Type: Acquisition
- Announced: 2023-04-04
- Where: Izmir, Türkiye
- Status: completed
- Products: air handling units, water cooling systems, fans, VRF air conditioners, car park ventilation systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Maico Group](https://endata.com/companies/69781.md) (acquirer)
- [Air Trade Centre](https://endata.com/companies/69782.md) (target)

## Sources

- [airtradecentre.com](https://www.airtradecentre.com/atc-and-maico-group-join-forces-in-the-hvac-industry/), 2023-04-17: "The majority shares of ATC were acquired by the German company Maico Group with the deal signed on 04 April 2023"

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