Swegon Signs Agreement to Acquire German Air Handling Unit Manufacturer HOWATHERM

GERMANY: Swegon has announced the signing of an agreement to acquire HOWATHERM Klimatechnik GmbH, a family-owned company specializing in modular air handling units, based in Brücken, Germany. This strategic acquisition underscores Swegon's commitment to strengthening its foothold in the German HVAC market, which stands as the largest in Europe.

HOWATHERM is renowned for its technical expertise and dedication to high-quality manufacturing. By integrating HOWATHERM’s modular air handling units into its portfolio, Swegon aims to enhance its product range with innovative, tailor-made solutions that meet diverse customer needs across commercial and industrial applications.

The acquisition also reflects Swegon’s broader strategy to expand its presence in key European markets and align with growing demand for advanced, energy-efficient HVAC solutions. HOWATHERM's established reputation and expertise in modular systems are expected to complement Swegon's existing offerings, enabling the company to deliver more comprehensive solutions while leveraging synergies in research, development, and market reach.

Source: Swegon