- CEO
- Klas Forsstrom
- Full Time Employees
- 5,153
- Sector
- Industrials
- Industry
- Industrial - Pollution & Treatment Controls
- Address
- Borgarfjordsgatan 16 Kista AB Sweden 164 40
- IPO Date
- Oct 5, 2017
- Business
- Munters Group AB (publ) is a global leader in energy-efficient climate control and air treatment solutions, operating primarily in the AirTech, Data Center Technologies (DCT), and FoodTech segments. The company manufactures and sells a wide range of industrial and commercial products including dehumidifiers, humidifiers, air pollution control and VOC abatement systems, controllers and automation, coolers, heaters, heat exchangers, mass transfer equipment, and mist eliminators. Munters also provides lifecycle services such as installation, start-up, commissioning, maintenance, repairs, retrofit, and upgrades. The company serves diverse industries including pharmaceuticals, data centers, food processing, agriculture, and greenhouses across the Americas, Europe, the Middle East, Africa, and Asia. Founded in 1955 and headquartered in Sweden, Munters operates manufacturing and sales facilities in over 30 countries.
In recent developments, Munters completed the divestment of its FoodTech Equipment offering and has focused on enhancing its core growth areas of Data Center Technologies and FoodTech, both showing strong sales momentum. The company has increased its ownership in Capsol Technologies ASA, leveraging carbon capture technology to strengthen its position in the clean technologies market. Strategic acquisitions and partnerships continue to expand Munters’ technology portfolio, customer base, and innovation capacity. Munters announced new mid-term financial targets aiming for annual net sales growth exceeding 14% and reinforced its commitment to sustainability by aligning with the Science Based Targets initiative (SBTi), aiming at significant emission reductions by 2030. The company also initiated cost-saving measures expected to generate substantial annual savings by 2026 while maintaining operational resilience amid market challenges.
Munters targets growth in markets driven by electrification, digitalization, and sustainability trends, with a strategic emphasis on innovation, operational efficiency, and expanding its global footprint. The company maintains a diversified portfolio and prioritizes advanced climate control technologies tailored to mission-critical processes in demanding industrial applications, data centers, and food and agriculture sectors. Munters Group AB is publicly listed on Nasdaq Stockholm under the ticker MMNNF.