Zamil Air Conditioners acquires Kessler Tech in Germany
Continuing its entry into European markets, the Saudi Zamil Air Conditioners (ZAC) company recently made a technology and brand-name acquisition of German air handlers and ventilation units manufacturer, Kessler Tech.
This is the third such acquisition for Zamil Air Conditioners in Europe in the last few years, the earlier two being Clima Tech Air conditioners GmbH in Austria and Geoclima srl in Italy. Clima Tech specializes in air handling units for clean room applications and Geoclima in water chillers.
Kessler Tech ventilation and air handling units—standard, thermal-break free or welded unit series—are suitable for both industrial and comfort areas and are available for indoor and outdoor installation as well as for use in the hygiene sector. Major customer segments for Kessler Tech are pharmaceutical, chemical, automotive industries and power plants.
Consequent to the acquisition, Kessler Clima Tech GmbH will be responsible for the sales activities in Germany, whereas production of its AHUs will take place at Clima Tech factory in Austria.
Located at Dammam Industrial Estate, Zamil Air conditioners is a Middle East supplier of air conditioners. It manufactures and markets its range of air conditioners—from room air conditioners to package units to large commercial air conditioners.
Al Zamil Air Conditioners Co. is one of the oldest industrial companies in Saudi Arabia. It is the first family-owned business to succeed at becoming a Gulf wide joint stock company, earning SR 1.2 billion in revenues in 1998. — (menareport.com)
© 2002 Mena Report (www.menareport.com)