Swegon has signed an agreement to acquire HOWATHERM Klimatechnik GmbH, a family-owned manufacturer of modular air handing units, based in Brücken, Germany.
“With this acquisition, we strengthen our position on the German HVAC market, the largest market for air handling units in Europe. With their long history of technical know-how, HOWATHERM’s modular air handling units will be a strong complement to our current product portfolio. Combined with their innovative spirit and focus on quality we see a perfect fit between our two organizations. We look forward to welcoming the competent HOWATHERM team to the Swegon family”, says Andreas Örje Wellstam, CEO at Swegon Group.
