Munters has signed a definitive agreement to acquire HB Group, an international company that specialises in customised hygienic climate control systems for the food and dairy industries.
HB Group has its headquarters with sales and manufacturing in Almelo, the Netherlands and a joint venture manufacturing facility in Hrusky, Czech Republic.
Using innovative technologies, Munter’s engineers create the perfect climate for customers in a wide range of industries, including food, pharmaceutical and data center sectors.
The agreement combines the strength of Munters and HB Group by leveraging Munters’ large sales channel, software tools, service reach and operational excellence and HB Group’s application knowledge, product offering and customer base.
The merging of the two companies will strengthen Munters’ ability to be a valued partner to its customers. By offering a broader range of products and services, Munters will be better positioned to meet the air treatment needs of its customers.
Munters Business Area Air Treatment president Scott Haynes said: "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.
"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.
"This, combined with expanding our European manufacturing and service footprint, will allow us to better serve the industry."
HB Group managing director Eric Bonvanie said: "Munters’ global service network will provide more local access for all our service needs and bring enormous additional potential for our solutions offering.
"Our existing customers will be pleased to hear that HB Group, as part of Munters, will be able to support them whenever and wherever they need."