The electronics giant is looking to spend 1.5 billion euros on the HVAC business as it struggles with chip sales.

Samsung Electronics will purchase all shares of the HVAC specialist FläktGroup as part of its continued expansion into the ...

In its teaser, Honor claims the Magic V3 unfolds to just 4.35mm in thickness—significantly slimmer than Samsung’s device. The ...

Samsung Electronics chair Lee Jae-yong has re-emerged on the M&A front with two strategic acquisitions in May, positioning ...

Samsung Electronics has signed an agreement to acquire all shares of FläktGroup, a leading global HVAC solutions provider, ...

US stock futures were relatively flat on Wednesday (May 14), signalling a potential pause in the recent rally that has pushed ...

Samsung's acquisition of FläktGroup is intended to strengthen its position in the rapidly growing air conditioning market.

Samsung Electronics is acquiring the German company FläktGroup, the largest air conditioning equipment manufacturer in Europe.South Korea’s largest conglomerate ...

FläktGroup was formed in October 2016 through the merger of DencoHappel, previously part of the Galapagos group, a Triton Fund IV investment, with the newly acquired FläktWoods. Under Triton's ...

Samsung is set to pay €1.5 billion ($1.68bn) to acquire air cooling systems vendor FläktGroup. Germany-based FläktGroup ...

Samsung Electronics Co acquires FläktGroup for $1.7B, expanding its HVAC business. The deal is expected to capitalize on ...

FläktGroup boasts more than 100 years of technological expertise and design capabilities in the HVAC sector. The company ...