Glen Dimplex Group acquires Hyfra Industriekühlanlagen GmbH in Germany.
The Glen Dimplex Group announces the acquisition of Hyfra Industriekühlanlagen GmbH.
The Glen Dimplex Group announces the acquisition of Hyfra Industriekühlanlagen GmbH. Founded in 1981, Hyfra is one of the most experienced providers of customised, reliable and high-quality process cooling. This further strengthens the Glen Dimplex Precision Cooling division of the Glen Dimplex Group and expands its global presence.
The Glen Dimplex Group headquartered in Ireland and founded 50 years ago, works across an international footprint of 20 countries in four key sectors of Precision Cooling, Heating and Ventilation, Flame and Consumer Appliances, with a portfolio of products and solutions designed to make life easier, better and more energy efficient for its customers.
The Glen Dimplex Precision Cooling division brings together international know-how and expertise in the development and production of high-precision and sustainable cooling solutions for machines and processes, as well as energy-efficient solutions for commercial and industrial applications.
On 1st November, the Glen Dimplex Group announced the official acquisition of Hyfra Industriekühlanlagen GmbH. For the past 26 years, Hyfra has been an independent brand of the Lennox International Group, which is listed on the New York Stock Exchange. Under the leadership of the US group, Hyfra has achieved a global market presence, serving customers in over 50 countries. This is the third acquisition by the Glen Dimplex Group in the last 18 months. Recently, Glen Dimplex acquired Scandinavian electric heater supplier Adax and made a strategic investment in India-based precision cooling company Werner Finley.
"The investment in Hyfra Industriekühlunganlagen GmbH brings us a big step closer to our goal of becoming the leading international provider of sustainable and customised cooling solutions," emphasises David Riemenschneider, Deputy CEO of the Glen Dimplex Precision Cooling division.
"We are proud to be part of Glen Dimplex now. Our employees give their best every day to provide our customers worldwide with the most reliable cooling solutions. As part of Glen Dimplex, together we will succeed in becoming the global market leader for process cooling solutions," says Torben Benter, Managing Director of Hyfra Industriekühlanlagen GmbH.