Consolidation trend Dec 2018 · Europe
Carel pursues M&A as a strategic growth lever
Carel frames the HygroMatik deal as part of an explicit M&A-driven growth strategy, following its November acquisition of Recuperator SpA, signaling ongoing consolidation in the HVAC/humidification component space.
“The HygroMatik GmbH transaction follows the acquisition of Recuperator SpA completed in November and confirms Carel's focus on M&A activity as a strategic lever, which, together with organic growth, will be a driver of our development in the coming years,”
Entities
Carel Industries SpA · Acquirer Recuperator SpA · Target
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Source: www.achrnews.com
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