Expansion Jul 2017 · Eastern Europe
Carel pursues acquisition-led direct-presence expansion in Eastern Europe
Carel's managing director framed the Alfaco deal as part of a strategy to establish a direct presence in all major international markets, signaling acquisition-driven geographic expansion.
“With this acquisition we are continuing our strategy to establish a direct presence in all major international markets, meaning we can be close to our customers and support them in terms of technology, logistics, and service.”
Entities
Carel Group · Acquirer
HVACRefrigeration
Source: www.achrnews.com
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