Industrial Goods & Services Air Treatment
Klas Forsström, CEO
Annette Kumlien, CFO
Chairman of the Board
Munters has been developing new solutions for air treatment since 1955. Founded by the inventor and entrepreneur Carl Munters, the company was built around his insights to the laws of thermodynamics in combination with an ability to translate that understanding into new technology.
Nordic Capital Fund VII acquired Munters through a recommended public tender offer in 2010. During Nordic Capital's ownership, Munters has undergone a large transformation both operationally but also via several synergistic add-on acquisitions and divestments of non-core assets. The company has also entered into several new segments including the fast growing data center market and built a sizeable service business.
Munters Group AB was listed on NASDAQ OMX Stockholm in May 2017. Nordic Capital Fund VII remains the largest shareholder in Munters after the listing with approximately 36.5% of the shares (as per June 2019)
EUR 700 million
Nordic Capital Fund VII, controlling shareholding