Samsung Electronics last week announced it signed a deal to acquire Germany-based FläktGroup, a heating and cooling systems provider that services data centers and other buildings and facilities.

Samsung Electronics (OTCPK:SSNLF) is acquiring European heating and cooling products' provider FläktGroup for €1.5B, equivalent to an enterprise value of €1.8B. On Tuesday, it was reported ...

That belief was validated as Samsung Electronics struck a deal to buy FläktGroup for €1.5 billion, giving it an enterprise value of €1.8 billion. Based in Herne, Germany, FläktGroup provides ...

That equates to about a third of Kingspan’s current market value. The €4.25 billion valuation implied by the German deal suggests the market is applying a “gross undervaluation” to the wider group, ...

Samsung Electronics Co. on Wednesday announced the acquisition of FläktGroup, a German manufacturer of heating, ventilation and air conditioning (HVAC) systems, for 1.5 billion euros ($1.7 billion), ...

The South Korean firm is continuing its expansion into the HVACR sector in anticipation of significant growth in the data center cooling market Samsung Electronics will purchase all shares of the HVAC ...