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Munters acquires Des Champs PDF Print E-mail
Friday, 27 April 2007

Munters has concluded an agreement to purchase U.S.-based Des Champs Technologies. The company holds a technology-leading position in energy-efficient air treatment solutions, complementing Munters' Commercial Dehumidification product range. Des Champs employs approximately 200 people, and the projected 2007 revenue is US$ 38 Million.

With this acquisition, Munters dramatically strengthens its position as a leading supplier of energy-efficient climate control solutions for commercial buildings."Des Champs provides an exceptional fit with our Commercial Dehumidification Division," says Mike McDonald, President of Munters Dehumidification Division. "This expansion aligns with our strategy as an innovation leader in energy-efficient indoor air quality solutions for our customers. It enhances our expertise in energy recovery and indirect evaporative cooling, where Des Champs holds a technology-leading position. Our broad product range of unique energy-efficient cooling and dehumidification products allows us to provide energy reducing solutions to our customers in all climates," Mike concludes.

According to Munters, the combined business will accelerate growth through synergies in product integration, technology and distribution. In addition, cost reductions in purchasing, manufacturing and administration are anticipated. Des Champs' present management team will remain. 





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