A little known Data Center play with Strong Growth

Samlunch
05-28

Are you familiar with $MTRS? Munters is a global leader in energy-efficient and sustainable air treatment and climate solutions.

The company's stock has seen an impressive rise, returning ~5x over the last five years. Munters has grown its revenue at a 14% CAGR since 2014, with a clear acceleration in 2022 due to its Data Center Technologies segment.

Expansion

Munters has consistently expanded its product offerings and global presence through a combination of organic development and acquisitions. This has solidified its position as a global leader in the air treatment and climate control markets, now with a market cap of ~$4 billion.

A Play on Data Centers

This segment specializes in advanced and energy-efficient climate control solutions for data centers, making it an indirect play on the currently booming market.

As shown in the chart below, this segment has been a major growth driver for the company in recent years:

$Munters Group AP(MMNNF)$ 

Modified in.05-28
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