TLDR

• Munters aims for over 14% annual sales growth and profit margins, adding a target for 15% return on capital employed.
• The company invests $9.5 million for a 45% stake in a U.S. joint venture to produce heat-exchanger coils near Selma, Texas, with production starting in 12–18 months.
• Focus expands to humidity control, thermal management, and air-quality systems, benefiting contractors, property managers, and homeowners with better equipment availability and targeted HVAC upgrades.

On November 11, 2026, Munters confirmed its goal to grow sales by more than 14% annually and maintain an adjusted profit margin above 14%. The company also set a new target for a return on capital employed above 15%. Munters announced a $9.5 million investment to acquire a 45% stake in a U.S. joint venture with Lordan, aiming to produce fin-and-tube heat-exchanger coils near Selma, Texas. This move supports Munters’ expanded focus on applied HVAC solutions like humidity control, thermal management, and indoor air quality systems. Production is expected to start within 12 to 18 months under a seven-year supply agreement.

Policy and standards: what changes (and what doesn’t)

Munters’ update doesn’t trigger any immediate rule changes. The SEER2 efficiency standards for air conditioners and heat pumps still apply as before. We’ll keep product pages clear about compliance so you know what’s required. Indoor air quality guidance and moisture control goals remain focused on improving filtration and using dehumidifiers. These upgrades continue to be the best way to manage air quality and humidity inside buildings. Munters’ move to make coils in the U.S. may align with federal or state manufacturing incentives, but details haven’t been shared yet. If you’re looking for rebates, check your local programs, especially those supporting indoor air quality (IAQ) and dehumidification projects. Staying informed on these policies can help you save money and meet comfort goals more efficiently.

Why it matters to buyers, contractors, and managers

Contractors benefit from Munters’ increased U.S. coil production and its seven-year commitments on volume and lead times. This means more reliable supply and easier planning for projects. Distributors and buyers see less risk from overseas shipping delays and component shortages, especially as 2027 approaches. For property managers and homeowners, the expanded focus on humidity control and indoor air quality offers chances for targeted upgrades. You can add dehumidifiers, swap coils, or improve air quality without replacing entire HVAC systems. These moves help keep systems running smoothly and improve comfort without major overhauls.

The tech: coils, humidity control, and air quality

Fin-and-tube coils are key components in HVAC systems. They consist of copper or aluminum tubes with thin metal fins attached. These fins help move heat efficiently. You’ll find these coils in condensers, which are the outdoor units, and in air handlers, the indoor blower boxes. Munters’ applied HVAC focus means more than just cooling and heating. It includes dedicated dehumidification to control moisture, tighter temperature management for comfort, and improved filtration to protect both equipment and indoor air quality. When shopping, watch for SEER2 ratings—the new U.S. energy efficiency standard that helps you save on electricity. Also, check coil materials and coatings to ensure durability and performance. Don’t forget moisture-removal capacity, which affects how well a system handles humidity for real-world comfort and savings.

What to do now: plan, spec, and shop with backups

Contractors should start by mapping out their coil and dehumidifier needs for 2027. Setting reorder points helps avoid last-minute shortages. Listing alternative products in project specifications also keeps projects on track if supply changes. Property managers can benefit from auditing humidity and indoor air quality (IAQ) issues property by property. Focus on add-on fixes like dehumidifiers or coil replacements before deciding on full system replacements. This approach saves time and money. Homeowners can use our sizing tool to find the right HVAC system quickly. Once sized, exploring dehumidifiers and IAQ add-ons can improve comfort and air quality. Not sure what you need? We make sizing simple and fast, so you get the right solution without guesswork.

Key Takeaways

• Munters maintains strong growth goals with more than 14% annual sales growth and profit margins, adding a new target of over 15% return on capital employed to boost financial performance.
• The company invests $9.5 million for a 45% share in a U.S. joint venture with Lordan to produce fin-and-tube heat exchanger coils near Selma, Texas, aiming to start production in 12–18 months under a seven-year supply agreement.
• Munters is expanding its focus on applied HVAC systems, including humidity control, thermal management, and indoor air quality solutions, allowing for more precise comfort and targeted upgrades without replacing whole HVAC units.
• Increased U.S.-based coil production and long-term supply commitments help contractors, distributors, and property managers reduce risks from overseas shipping delays and component shortages, making equipment planning more reliable.

Frequently Asked Questions

What are Munters' updated financial targets?

Munters aims for more than 14% average annual net-sales growth and an adjusted EBITA margin above 14%. It also set a new goal of achieving an adjusted return on capital employed above 15%. These targets show the company’s commitment to strong, sustainable growth.

How will the new joint venture with Lordan impact HVAC equipment availability?

Munters invested $9.5 million to own 45% of a U.S. joint venture that will produce fin-and-tube heat-exchanger coils near Selma, Texas. This local production aims to improve coil availability, reduce shipping delays, and provide more predictable lead times for contractors and buyers.

What does Munters’ expanded focus on applied HVAC mean for indoor air quality?

Munters is expanding into markets involving humidity control, thermal management, and air-quality systems. This means more precise solutions for controlling moisture and improving air quality, allowing homeowners and property managers to upgrade parts of their HVAC systems instead of replacing them entirely.

Why should contractors and property managers care about Munters’ new plans?

Contractors benefit from the new U.S.-based coil production and long-term supply commitments, which make equipment planning easier. Property managers gain access to more targeted HVAC upgrades like dehumidifiers and air-quality add-ons, helping maintain comfort without costly full system replacements.

Related Topics: Munters, HVAC growth, applied HVAC, U.S. coil joint venture, humidity control, air quality, thermal management, HVAC supply, HVAC solutions, heating systems, air conditioning, HVAC parts