CAREL acquires 51% stake in Turkey's CFM Soğutma ve Otomasyon

CAREL completed acquisition of a 51% stake in its Turkish distributor CFM, establishing a direct presence in the Turkish HVAC/refrigeration market.

“CAREL has officially acquired a 51% stake in CFM Soğutma ve Otomasyon A.Ş, its distributor and historical partner in Turkey.”

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