MUNTERS ACQUIRES EDPAC, A MANUFACTURER OF DATA CENTER EQUIPMENT, AND STRENGTHENS ITS PRESENCE IN EUROPE
Munters has acquired EDPAC, an Ireland-based manufacturer of data center cooling equipment and air handling systems for a purchase price of MEUR 29. The acquisition is part of Munters strategy to grow in the prioritized data center segment. Munters is a leader of energy efficient data center cooling solutions in North America and strengthens its presence in Europe through the acquisition.EDPAC reported net sales of MEUR 17 and an adjusted EBITDA of MEUR 1.7 in the financial year ending April 2021. The company is headquartered in Carrigaline, Ireland with two manufacturing facilities in the