Carel, through its subsidiary Recuperator, has purchased 100 per cent of the share capital of Enginia, a company operating in the design, production and marketing of dampers and other plastic and metal components for air handling units. Enginia, operating in the aeraulic sector since 1997, has a 4,700m2 headquarters in Milan, Italy, and 46 staff. […]
Tag: Francesco Nalini
Carel plans eastern expansion
Carel has announced the expansion of its Labin site in Croatia, currently the headquarters of the Padua-based Group’s Carel Adriatic subsidiary. The new 5,200m2 plant, expected to be completed by the beginning of next year, has been planned to make the Group’s production capacity more flexible and resilient, and better support Carel’s growth in Europe, […]
Carel reports positive 2020 financial results
The Carel Industries Board of Directors has released the company’s 2020 consolidated revenues. The Group’s consolidated revenues as of December 31, 2020, was €331.6m ($514m), which represents an increase of 1.3 per cent (plus 2.8 per cent at constant exchange rates). The consolidated EBITDA for the same comparative period is €65.2m ($101m) – an increase […]