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Munters to acquire AC manufacturer Toussaint Nyssenne |
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Tuesday, 22 July 2008 |
Munters has entered into an
agreement to acquire Belgium-based Toussaint
Nyssenne, a manufacturer of high quality air conditioning systems for
offices, public buildings and industrial applications, complementing Munters
energy-efficient air treatment product range.
Toussaint Nyssenne manufactures high quality customized air conditioning
systems which are highly flexible and modular, providing air treatment for a
wide variety of demanding applications. "In line with Munters strategic
growth plan, the acquisition of Toussaint Nyssenne enables us to accelerate our
growth in energy efficient air treatment solutions in Europe,"
says Lars Engström, CEO of Munters. Toussaint Nyssenne is renowned for their
high product quality and application know-how, capabilities that goes well with
the core values of Munters.
The most
significant opportunity is providing greater availability in Europe of the
Munters Drycool/HCU technology, which is highly successful in North America.
These innovative products provide customers the ability to control temperature
and humidity independently, providing fresh air to a building with up to 45%
reduction in energy consumption compared to conventional solutions. Toussaint Nyssenes products also complement and add to Munters
Industrial Dehumidification product range, providing the combined entity with a
more complete range of solutions for its customers, reveals the companys press
release. |