Munters acquires HB Group
Munters has acquired HB Group, an international company that specializes in customized hygienic climate control systems for the food/dairy industries. HB Group has locations in the Netherlands and a joint venture in the Czech Republic.
Munters is a global leader and premium partner in energy efficient air treatment solutions, with manufacturing and sales in 30 countries by around 2,700 employees. Munters has annual net sales of approximately SEK 5 billion and is owned by Nordic Capital Fund VII.
Munters was advised by Mannheimer Swartling in the transaction, with Heussen Law as Dutch counsel. The firm's team was led by Johan Lekholm, primarily assisted by Isabel Lindeberg.