April 25, 2017 - Assignment

Munters acquires Kevin Enterprises

Munters has acquired the business of Mumbai based Kevin Enterprises, specilised in design, manufacturing, supply and installation of mass transfer and separation equipment.

Munters is a global leader and premium partner in energy efficient air treatment and climate solutions, with manufacturing and sales in 30 countries by around 3500 employees. Munters has an annual net sales of approximately SEK six billion and is owned by Nordic Capital Fund VII. The acquisition was made within Munters' division for solutions for droplet separation (Mist Elimination).

Munters was advised by Veritas Legal and Mannheimer Swartling in the transaction.