samsung bets big on cooling with €1.5 billion fläktgroup acquisition
Seoul, Wednesday, 14 May 2025.
samsung electronics is set to acquire fläktgroup for €1.5 billion. the move signifies samsung’s strategic pivot towards the rapidly expanding heating, ventilation, and air conditioning (hvac) sector. fläktgroup’s expertise in providing cooling solutions for data centers makes it a crucial asset. samsung aims to leverage this acquisition to enhance its competitiveness against rivals like lg electronics. this deal marks samsung’s largest overseas takeover in eight years, signaling a renewed focus on mergers and acquisitions to drive growth amidst challenges in other business areas.