Samsung to buy German cooling system maker FlaktGroup for $1.7bn

South Korean company aims to tap growing AI data center demand for cooling

20250514 samsung

Samsung said at a shareholder meeting in March that it was looking for "meaningful" deals this year to drive growth after lagging behind rivals in tapping the AI chip boom led by Nvidia. 

SEOUL (Reuters) -- Samsung Electronics said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 billion euros ($1.68 billion) as it looks to meet growing demand for cooling of data centers used for artificial intelligence projects.

In the South Korean company's biggest acquisition in eight years, it will purchase the air conditioning and heating systems maker from private equity group Triton.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.