The acquisition by CAREL Industries SpA of the entire share capital of HygroMatik GmbH (part of the group Spirax Sarco Engineering PLC) has been completed. HygroMatik is based in Henstedt-Ulzburg, near Hamburg. It designs, produces and markets humidifiers and related accessories in the industrial, commercial and wellness field. Integration with HygroMatik will consolidate CAREL’s positioning in Germanspeaking countries and in northern Europe, thanks to the strong penetration of the acquired company in these markets, and will allow for better positioning in the context of different applications, leveraging the strength of its brand and its expertise in the field of humidification. To this will be added the contribution of the technological, strategic and commercial know-how that CAREL has developed during its 45 years, which will be the basis for exploiting further growth opportunities.
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