Carl Munters (1897-1989), was a successful Swedish
inventor and entrepreneur. The technology on which the
company's products and services are based is the result
of his extensive research in basic principles of heat
and humidity transfer. The initial operation was conducted
at a laboratory in Carl Munters' home in Stockholm,
where he worked with a small group of fellow researchers.
Carl Munters
Carl Munters initial idea was to develop an air-conditioning
system based on the use of evaporative cooling and dehumidification.
The development of the key components of the system
were the desiccant wheel and the evaporative pads. Shortly
after Carl Munters retired from active management in
the early 1970s, Munters was acquired by the Incentive
Group. During the 1970s, the expansion was continued
into new markets through subsidiaries and licensees.
The company changed it's strategy at the end of the
1970s as some of the patents began to expire. The range
of products and applications was gradually extended
and the distribution was expanded to most parts of Europe,
North America and Japan, largely through licensing arrangement
with third parties.
In the 1980īs most of the licencees were acquired.
A global moisture control service business (MCS) was
started 1985. In the 1990īs Munters expanded and became
an international Group with own organization in over
25 countries and manufacturing in over 14 countries.
The business was centered around The Humidity Expert
theme. Munters AB was floated on the Stockholm stock
exchange 1997. Carl Munters died 1989.
Carl Munters in the laboratory
Munters began to acquire the operations of it's licensees
and expanding into new markets through subsidiaries.
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