Acquisition will enable to the company to provide high quality air treatment solutions to customers
Munters has signed a definitive agreement to acquire HB Group (www.hbgroup.nl), an international company that specialises in customised hygienic climate control systems for the food/dairy industries.
Munters is a global leader and premium partner in energy efficient air treatment solutions. Using innovative technologies, the group’s expert engineers create the perfect climate for customers in a wide range of industries, with the largest being the food, pharmaceutical and data centre sectors.
The agreement combines the strength of Munters and HB Group by leveraging Munters’ large sales channel, software tools, service reach and operational excellence and HB Group’s application knowledge, product offering and customer base. The merging of the two companies will strengthen Munters’ ability to be a valued partner to its customers. By offering a broader range of products and services, Munters will be better positioned to meet all the air treatment needs of its customers.
‘HB Group's seasoned management team has done a fantastic job of building a solid and successful operation that provides quality products for demanding applications,’ said Scott Haynes, President Business Area Air Treatment, Munters
'Munters and HB share a strong focus on critical industrial applications. Munters will be able to expand its successful systems product portfolio to include HB Group’s world-class stainless steel hygienic systems, whereas HB Group’s customers will benefit from the vertical integration of Munters’ innovative energy efficient technologies. We look forward to bringing the two companies together to meet the demands of the marketplace and grow closer to our customers,’ Haynes added.
‘We are very happy to join the global team and reach of Munters,' said Eric Bonvanie, previous owner and Managing Director of HB Group. ‘Munters’ global service network will provide more local access for all our service needs and bring enormous additional potential for our solutions offering. Our existing customers will be pleased to hear that HB Group, as part of Munters, will be able to support them whenever and wherever they need. In addition, Munters will be able to offer new and further career opportunities for our employees,’ he added.