Carel pursuing growth via serial M&A in air handling

Carel framed the Klingenburg deal as part of an ongoing M&A growth strategy, building on prior acquisitions of Recuperator (2018) and Enginia (2021) to expand its position in air handling units.

“The acquisition aims to strengthen Carel’s position in the air handling unit industry, joining the acquisitions of Recuperator S.p.A. and Enginia S.r.l, completed respectively in 2018 and 2021.”

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