Swegon Group AB completes acquisition of Zent-Frenger GmbH

31-10-2018

Swegon Group AB announced in September an agreement to acquire Zent-Frenger GmbH from the Uponor Group.

The acquisition has now been approved by the German antitrust authorities and was completed on October 31.

Zent-Frenger is a leading provider of radiant ceilings in Germany and in addition develops and sells customized commercial heat pumps and concrete activation products. With headquarters in Heppenheim, the company employs ~100 staff with a turnover in 2017 of 29 MEUR.

 

For further information please contact:
Hannu Saastamoinen, CEO, +46 31 89 58 10
Gustaf Ahlenius, Director Corporate Development, +46 31 89 58 19



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