Condair Group AG

Activity by year

202420252026

AcquisitionNew facility

Jul 23, 2024ACQUISITIONRichmond, Virginia, United States180 jobs
Condair acquires US evaporative cooling specialist Kuul
Condair has acquired Kuul, a US-based manufacturer of cellulose media and glass fibre for evaporative cooling. Kuul will be rebranded as Condair – Evaporative Technologies. Condair also plans to build a new production site in Richmond, Virginia, operational in 2025, employing 180 staff.
Condair Group AG acquirer Kuul target #HVAC and Industrial Refrigeration racplus.com
Jun 18, 2024NEW FACILITYChesterfield County, Virginia, United States$57.2M180 jobsops Q1 2025
Condair Group AG to invest $57.2M in new production facility in Chesterfield, Virginia
Condair Group AG will invest $57.2 million to establish a new 400,000-square-foot production facility in Chesterfield County, Virginia, creating 180 new jobs. Operations are slated to begin in early 2025.
Condair Group AG #HVAC and Industrial Refrigeration grpva.com virginiabusiness.com

Site	Largest	Latest
Chesterfield County, United States	$57.2M	2024-06-18

Acquired

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