MUNTERS SIGNS LARGE ORDER FOR SYCOOL SPLIT SYSTEM

Munters Group (MTRS), a global leader in energy efficient air treatment and climate control solutions, has received an order, with a value of approximately MUSD 115 (approximately BSEK 1.1), from a leading Data Center colocation operator in the USA. The Data Center market segment is one of Munters prioritized areas for growth.

Munters has received an order from a leading Data Center colocation provider. The total value of the order, including Munters SyCool Split systems as well as field service work, is approximately MUSD 115 (approximately BSEK 1.1).  Deliveries are expected to take place over a period of up to 18 months, starting in the fourth quarter of 2022 through the first quarter of 2024.

"We are proud to have won our largest order ever in Munters´ history for the delivery of customized climate control solutions for our clients´ mission critical operational environment. The data center market is a prioritized market for Munters and this order validates our strong market position in the US. Our offering is enabled by the hard work put in by our organization to develop this innovative solution, and we are excited to support our customers with this product" says Klas Forsström President and CEO of Munters.

Munters SyCool Split is an energy efficient, thermosiphon-based dry cooling solutions for data centers. The solution has been developed to minimize the environmental impact of data centers by providing free cooling without the use of water. It was selected after an assessment of the various forms of cooling solutions currently available on the market, considering many attributes, including product quality, energy efficiency, zero water consumption, reliability, scalability, ease of maintenance and service support.

As a result of high demand for data center cooling solutions, Munters is expanding the dedicated production facility in the US for data center solutions in 2022. This enables Munters’ continuous development of production processes in order to ensure higher degree of standardization, modularization and efficiency. 

For more information:

Investors and analysts

Ann-Sofi Jönsson, Vice President, Investor Relations and Enterprise Risk Management
E-mail: ann-sofi.jonsson@munters.com
Phone: +46 (0)730 251 005

Media

Susann Johnsson, Vice President, Group Communications and Brand
E-mail: susann.johnsson@munters.com
Phone: +46 (0)70 623 1474

This information is information that Munters Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on March 30, 2022.

About Munters Group

Munters is a global leader in energy efficient air treatment and climate solutions. Using innovative technologies, Munters creates the perfect climate for customers in a wide range of industries. Munters has been defining the future of air treatment since 1955. Today, around 3,350 employees carry out manufacturing and sales in more than 30 countries. Munters Group AB reported annual net sales of more than SEK 7 billion in 2021 and is listed on Nasdaq Stockholm. For more information, please visit www.munters.com.