ULM, Germany — Wieland Group has acquired Onda S.p.A., a manufacturer of heat exchangers, in order to strengthen its air-conditioning and refrigeration business and increase its activity in the fast-growing heat exchanger and data-center cooling markets.
Wieland is a global supplier of semi-finished copper and copper alloy products and has customers in the HVACR, automotive, and electronics industries, among others.
Onda will be part of Wieland’s thermal solutions business unit, which develops and builds heating and cooling products such as high-performance tubes, heat exchangers, and electronic cooling solutions, according to a press release from Wieland.
Onda, which is based in Italy, has two manufacturing plants in Italy, one in Kangasala, Finland, and one in Delaware, Ohio.
“Onda is a preferred partner for major chiller manufacturers and fits perfectly to Wieland, as the acquisition adds capabilities and capacities to Wieland’s existing shell-and-tube heat exchanger operations,” said Erwin Mayr, the Wieland Group CEO. “It also expands our product portfolio to include brazed-plate and plate-frame heat exchangers, as well as air heat exchangers, including dry coolers and air condensers.”
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