Munters agrees to acquire Indian dehumidification maker ZECO

Munters has signed an agreement to acquire ZECO Aircon Limited, an Indian air treatment manufacturer headquartered in Gurgaon, for an estimated enterprise value of MSEK 790. The deal is expected to close before year-end and will be financed through existing credit facilities.

“Munters has signed an agreement to acquire ZECO, an Indian manufacturer of air handling solutions.”munters.com

• 1 source
• munters.comMunters signs an agreement to acquire ZECO and strengthens its market position in India | MuntersSep 4, 2023

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