Samsung completes €1.5bn FläktGroup purchase
7th November 2025
GERMANY: Samsung Electronics has completed the acquisition of HVAC product manufacturer FläktGroup in a €1.5bn deal with investment company Triton.
First announced in May, the acquisition includes Woods Air Movement, which provides ventilation and fire safety systems, SEMCO, which specialises in air handling and flow solutions, and SE-Elektronic which delivers tailored advanced automation systems.
According to Samsung, the FläktGroup name, existing management, personnel and facilities will be maintained, and will be operated as an independent subsidiary.
Headquartered in Herne, FläktGroup boasts annual sales of more than €700m and employs around 3,300 people across 14 production sites, with operations spanning 65 countries worldwide. It has an extensive sales and service network across Europe, the Americas, the Middle East and Asia.
The company was originally formed in 2016 following the acquisition of FläktWoods and its merger with air conditioning company DencoHappel.
“This marks a strategic move for Samsung, aimed at leading the global HVAC and data centre markets,” said TM Roh, Samsung’s president and acting head of the device experience (DX) Division. “By merging FläktGroup’s technological expertise with Samsung’s AI platforms, we aim to set a new benchmark in the industry, delivering innovative solutions to customers.”
Samsung says it will strategically nurture the HVAC business as a new growth engine within its DX Division. It also plans to continuously invest in commercial HVAC solutions and expand into high-growth sectors such as AI data centres.
With demand for large-scale air conditioning systems growing in Korea, North America, and Europe, Samsung aims to establish a robust supply chain in each region and enhance its service capabilities.
Samsung formed a joint venture with Lennox last year to further secure its presence in the North American market, and expects that the acquisition of FläktGroup will strengthen the company’s position with expanded expertise to HVAC solutions.
Additionally, by integrating FläktGroup’s advanced HVAC control systems with Samsung’s building management platforms such as SmartThings Pro and b.IoT, Samsung will explore new opportunities in smart building solutions and energy efficiency.
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