Consolidation trend Jul 2017
Carel pursues international expansion via acquisitions
Carel describes an ongoing strategy of acquiring its distributors to establish direct presence in all major international markets, signaling a programmatic roll-up of regional distribution partners.
“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
The Carel Group · Acquirer
HVACRefrigeration
Source: www.achrnews.com
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