Munters to Acquire HB Group
Air treatment solutions company Munters AB announced this week it signed an agreement to HB Group, an international company that specializes in customized hygienic climate control systems for the food and dairy industries.
HB Group is headquartered out of the Netherlands and has a joint venture in the Czech Republic. According to Munters, the new agreement combines the strength of its large sales channel, software tools, service reach and operational excellence and HB Group’s application knowledge, product offering and customer base.
“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, Munters president business area air treatment. “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, while HB Group’s customers will benefit from the vertical integration of Munters’ innovative energy efficient technologies.”