Mergers and Acquisitions
Strategic acquisitions are a core pillar of Munters long-term growth strategy. By acquiring technology-leading, market-expanding companies, Munters broadens its offering, accelerates digitalization and reinforces its position in high-growth segments such as data center cooling and digital food technology.

Four strategic focus areas for acquisitions
Core business / consolidation: Larger acquisitions to increase market presence and/or broaden the product offering.
Technology / digital: Companies with technology that strengthens the core offering and accelerates digitalization.
Service / “string of pearls”: Local companies that enhance market presence in priority geographies.
New growth areas: Investments in emerging segments and adjacent technologies.
Delivery on M&A agenda to fuel growth 2023-2025
FoodTech
- InoBram, Brazil (full acquisition)
- Mtech Systems, USA (full acquisition)
AirTech
- Airprotech, Italy (acqusition)
- Capsol, Norway (minority investment)
DCT
- Geoclima, Italy (acqusition)
- Zutacore, Israel (minority investment)
FoodTech
- Hotraco, Netherlands (acqusition)
- AEI, US (majority investment)
- Agriwebb, Australia (minority investment)
AirTech
- Tobo Component, Sweden (acquisition)
- ZECO, India (acquisition)
- SIFT, France (acquisition)
FoodTech
- InoBram, Brazil (majority investment)
Further reading

About Munters
Read more about what we do, how we operate and our purpose and strategy.
Learn more about Munters

Contact the IR team
Find contact information for Munters' investor relations team.
Find contacts here

Roadshow calendar
Find our roadshows, conferences & seminars
Read more
