Samsung Electronics on Wednesday said it would acquire German-based FläktGroup, a leading heating and cooling solutions ...

Samsung Electronics Co. has agreed to buy FläktGroup Holding GmbH for €1.5 billion ($1.7 billion), acquiring the European ...

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Samsung Electronics will buy all shares of German heating, ventilation and air conditioning (HVAC) solutions provider ...

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The acquisition of FläktGroup would strengthen Samsung’s position in the rapidly expanding HVAC market, where it competes with rivals like LG Electronics Inc (KS: 066570 ). The demand for HVAC systems ...