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Samsung Electronics has announced its largest acquisition in nearly a decade, agreeing to purchase German HVAC specialist FläktGroup for €1.5 billion ($1.68 billion) from European private equity firm Triton. The strategic move aims to strengthen Samsung’s position in the fast-growing data center market, driven by rising demand for generative AI, robotics, autonomous vehicles, and extended reality (XR).
FläktGroup designs and manufactures heating, ventilation, and air conditioning (HVAC) systems for commercial buildings and critical infrastructure, including data centers requiring advanced and stable cooling solutions. Samsung said the acquisition aligns with its strategy to expand into high-growth infrastructure sectors supporting the digital economy.
The tech giant expects the deal to close by the end of 2025, pending regulatory approvals. It marks Samsung’s biggest deal since acquiring Harman International in 2016 for $8 billion to enter the automotive technology market.
In a statement, Samsung emphasized the importance of HVAC systems for maintaining energy efficiency and operational stability in modern data centers. The company believes that as AI and data-intensive technologies continue to scale, demand for precision cooling solutions will surge, making FläktGroup a key asset.
Samsung had signaled earlier this year that it was exploring major acquisitions to reignite growth, following a lackluster 2024 when it struggled to capitalize on the global AI boom. The FläktGroup deal reflects a strategic pivot toward infrastructure and industrial solutions amid evolving technology demands.
Following the announcement, Samsung Electronics shares rose 1.2% in early trading, outpacing the broader Korean market, which gained 0.8%.
The acquisition is expected to enhance Samsung’s global footprint in smart infrastructure and unlock new revenue streams tied to the accelerating digital transformation.
