Latour acquires German air handling unit manufacturer HOWATHERM
Investment AB Latour has, through its wholly-owned subsidiary Swegon Group AB, signed an agreement to acquire HOWATHERM Klimatechnik GmbH, a family-owned manufacturer of modular air handing units, based in Brücken, Germany. The acquisition is subject to approval by antitrust authorities and closing is expected during January 2025. Established in 1969, HOWATHERM is a manufacturer of modular air handling units primarily to the German market, and with a subsidiary in Luxemburg for sales in the Benelux region. HOWATHERM has 170 employees with headquarters in Brücken, Germany. Net sales in