Samsung Electronics Finalizes €1.5 Billion Acquisition of FläktGroup
Deal News | May 15, 2025 | White & Case LLP
Global law firm White & Case LLP has provided advisory services to Samsung Electronics regarding its €1.5 billion acquisition of Germany-based FläktGroup. This transaction signals an expansion in Samsung’s cooling solutions necessary for data centers amid rising demands in AI, robotics, autonomous driving, XR, and other advanced technologies. The transaction marks a significant cross-border acquisition for Samsung, requiring extensive regulatory navigation across various jurisdictions, expertly handled by the White & Case team led by partners Tobias Heinrich and Dongho Lee. Originally acquired by Triton in 2016, FläktGroup is a manufacturer of HVAC systems with a robust presence in 65 countries. The deal awaits regulatory approval and is expected to close by the end of 2025.
Sectors
- Electronics
- HVAC Industry
- Legal Services
Geography
- Germany – Germany is the headquarters of FläktGroup, the target company in the acquisition.
- South Korea – South Korea is the headquarters of Samsung Electronics, the acquiring company.
- Global – FläktGroup's operations span 65 countries, indicating the global nature of this acquisition and the implications for international markets.
Industry
- Electronics – Samsung Electronics, a subsidiary of Samsung Group, is expanding its capabilities particularly in electronics manufacturing and technology solutions.
- HVAC Industry – FläktGroup's role as a global provider in the HVAC sector for over 100 years plays a crucial part in the transaction, highlighting the industry's importance in modern technological applications.
- Legal Services – White & Case LLP, a global law firm, facilitated legal advisory services reflecting the critical role of legal consulting in multinational acquisitions.
Financials
- €1.5 Billion – The acquisition deal amount for FläktGroup by Samsung Electronics.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Samsung Electronics | Bidding Company | Company | South Korean consumer electronics giant acquiring FläktGroup to expand its capabilities in HVAC solutions for data centers. |
| FläktGroup | Target Company | Company | German manufacturer of heating, ventilation, and air-conditioning systems, operating in 65 countries. |
| Triton | Selling Company | Company | German-Swedish investment company which currently holds FläktGroup. |
| White & Case LLP | Legal Advisor | Company | Global law firm advising Samsung Electronics on the acquisition of FläktGroup. |