Eberspaecher Acquires Vehicle Climate-Control Specialist Kalori
Heating technology company Eberspaecher has acquired French climate control specialist Kalori SAS, according to a Nov. 6 press release. The move indicates Eberspaecher’s ongoing focus on vehicle climate control for special markets, the release stated.
Kalori develops and produces air conditioning and ventilation systems for commercial and special vehicles. Its products are installed in off-highway applications such as construction, agricultural and forestry machinery, as well as in ambulances, minibuses and RVs. It has a staff of about 150 employees and generated around $25 million in sales from 2017 to 2018.
#Eberspaecher acquires French climate control specialist Kalori for global growth with thermal management systems in special vehicles https://t.co/bX1lg24DDJ pic.twitter.com/gvFLpZMB3j — Eberspächer Group (@eberspaecher) November 6, 2018
“Thanks to Kalori’s technical expertise, we will be able to comprehensively extend our range of climate-control systems for special vehicles in a targeted way,” said Jörg Schernikau, chief operating officer for Eberspaecher Climate Control Systems.
The company’s first phase of new market development will take place in what was formerly the NAFTA region and South America, with a second phase targeting growth in the Asia-Pacific region. Eberspaecher will create jobs in France and China to achieve the planned growth.
