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Soler & Palau acquires ventilation group

Ipswich-based Soler & Palau Ventilation group has bought Kruger Asia Holdings, a Pan-Pacific based leading manufacturer of commercial and industrial ventilation products.
Soler & Palau acquires ventilation group
Kruger has manufacturing facilities in Singapore, Thailand, Malaysia, India and China and subsidiary companies in Indonesia, Philippines, Taiwan, Hong Kong and Vietnam.

The net consolidated sales of Kruger Asia Holdings in 2008 were in excess of $95 million US.

Kruger Asia Holdings will continue under the leadership of Mr.CF Yang, managing director and founder of the company.

Eugene Scotcher, UK division managing director at Soler & Palau Ventilation group said: 'As part of Soler & Palau Group's continual expansion, the acquisition of Kruger Asia Holdings further strengthens our position as one of only a few truly global companies within our market sector with a local presence in each continent.'
2 December 2009

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