Swegon has announced the acquisition of HOWATHERM Klimatechnik GmbH, a family-owned company specializing in the manufacturing of modular air handling units, based in Brücken, Germany. This strategic move aims to reinforce Swegon's presence in the German HVAC sector, which represents the largest market for air handling units in Europe.
Andreas Örje Wellstam, CEO of Swegon Group, highlighted the significance of this acquisition, stating: "With this acquisition, we strengthen our position on the German HVAC market, the largest market for air handling units in Europe. With their long history of technical know-how, HOWATHERM’s modular air handling units will be a strong complement to our current product portfolio. Combined with their innovative spirit and focus on quality, we see a perfect fit between our two organizations. We look forward to welcoming the competent HOWATHERM team to the Swegon family."
HOWATHERM Klimatechnik GmbH has a well-established reputation for delivering high-quality, innovative air handling solutions. Their expertise and commitment to technical excellence make them an ideal addition to Swegon's existing operations. By integrating HOWATHERM’s modular air handling units into its portfolio, Swegon aims to enhance its ability to meet the evolving demands of the European HVAC market.
This acquisition marks an important milestone for Swegon as it continues to expand its market reach and strengthen its offering in climate solutions. The integration of HOWATHERM’s products and expertise is expected to provide significant benefits to customers seeking advanced and efficient air handling solutions across Europe.
Find the press-release here.