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Munters signs agreement to acquire Geoclima · Endata

◂ Announcements

HVAC and Industrial Refrigerationworld trade 2024+5.3% 5Y CAGR

Jul 17, 2024ACQUISITIONnortheastern Italy, Italy

Munters signs agreement to acquire Geoclima

Munters has signed an agreement to acquire Geoclima, an Italian manufacturer of air- and water-cooled chillers. Geoclima's net sales for FY 2023 were approximately MSEK 455 (MEUR 40.1). The acquisition is expected to close in the second half of 2024.

Value

$43.0M (455.0M SEK)

Status

Announced

Productsair- and water-cooled chillersdata center cooling solutions

CompaniesMunters acquirer Geoclima target

Sectors#HVAC and Industrial Refrigeration

“This strategic acquisition allows us to accelerate our development of energy efficient data center cooling solutions and strengthens our global offering.”munters.com

2 sources
munters.comMunters signs an agreement to acquire Geoclima and broadens its offering for data center cooling solutions | MuntersJul 17, 2024
datacentremagazine.comMunters Acquires Geoclima, Manufacturer of Data Centre HVAC | Data Centre MagazineHelen Sydney AdamsJul 23, 2024

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

More from Munters

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Mar 12, 2025EXPANSIONTobo, Sweden$23.0Mops 2026
Munters to invest SEK 250M in Tobo facility expansion in Sweden
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Feb 9, 2025ACQUISITION$100.0M
Grain & Protein Technologies to acquire Munters FoodTech Equipment for SEK 1.1 billion
Munters target Grain & Protein Technologies acquirer marketscreener.com prnewswire.com
Dec 4, 2024NEW FACILITYMalur, Karnataka, Indiaops 4 Dec 2024
Munters inaugurates second manufacturing unit in Malur, Karnataka
Munters theprint.in timesofindia.indiatimes.com
Oct 2, 2024ACQUISITION
Munters finalizes acquisition of Geoclima
Munters acquirer Geoclima target geoclima.com
Dec 28, 2023CONTRACTUnited States$65.0M
Munters wins $65M order from US data center colocation provider
Munters supplier refindustry.com

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