CFH GmbH has acquired a majority stake in the Turkish company Aironn to strengthen its market presence and capitalize on growth opportunities in the air technology sector.

Information on the Target

The CFH GmbH, headquartered in Germany, is a leading provider of air technology systems catering to sectors such as mining, tunnel construction, and industrial applications, with a strong emphasis on occupational and environmental safety. Recently, CFH GmbH has expanded its international footprint by acquiring a majority stake in the Turkish company, Aironn, which specializes in ventilation and air conditioning systems.

Aironn is a renowned manufacturer that provides innovative solutions for ventilation systems tailored for tunnels, underground garages, industrial sites, and infrastructure facilities. This strategic acquisition aligns with CFH GmbH's objective to enhance its market presence and leverage growth opportunities in the rapidly expanding Turkish market.

Industry Overview in Turkey

The air technology industry in Turkey has been witnessing significant developments, driven by increasing industrialization and urbanization. As cities expand, the demand for efficient ventilation and air quality solutions has surged, creati