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Expansion May 2021 · Turkey

Carel pursues geographic expansion outside western Europe via CFM deal

Carel states the CFM transaction aligns with its strategic direction of geographical expansion outside western Europe and development of its services business, establishing a platform for Middle East development.

“Carel says the transaction is aligned with two of its key strategic directions: geographical expansion outside western Europe and the development of the services business, both on-field and digital.”

Entities

Carel · Acquirer
HVACRefrigeration

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