Halton Acquires Dutch Air-handling Specialist
Halton Group is aiming to growing a foothold with chain customers in the Netherlands. The Finnish giant has acquired a Dutch firm, MIWO Luchtbehandelingstechniek (Air Handling Technology) B.W., which specializes in turnkey indoor-air solutions for chain operators in the Netherlands.
The June 12 transaction is Halton’s second acquisition in the past year. Last summer, it bought the business activities and product design rights of LCSystems Inc., a family-owned, Kentucky-based manufacturer of supply and exhaust air equipment for professional kitchens.
“MIWO is a successful and efficient supplier of comprehensive indoor air solutions for its chosen customer base, and the company has an excellent subcontracting network. This cooperation provides us with excellent opportunities to expand our operation in the active markets of the Netherlands,” says Kai Konola, CEO of the Halton Group.
The company, founded in 2002, reported 2018 earnings of about $3.4 million. MIWO Luchtbehandelingstechniek B.V. will continue operating with its current name. The Halton Foodservice Netherlands team will move to the same location with the MIWO team for operational efficiency.