Systemair acquires Reftec in Norway

Systemair acquires Reftec in Norway

ID: 256243

(Thomson Reuters ONE) -


Systemair (NASDAQ OMX Stockholm: SYSR) has signed an agreement to acquire Reftec
AS, a supplier of commercial cooling and heat pumps for the Norwegian market.
Reftec founded in 2007 is headquartered in Trondheim and has a sales office in
Oslo with 14 employees all together. The company had a turnover of NOK 34
million in 2012, with sales growth of over 30%. The acquisition is subject to
approval by the Norwegian Competition Authority. Closing is expected to occur
during May.
"We are pleased to have succeeded in acquiring a young growing company that will
strengthen our organization with expertise in commercial refrigeration. We also
see synergies between ventilation and comfort cooling in project sales. Reftec
has been distributor on the Norwegian market for Systemair cooling products."
says Svein Nilsen, VP Marketing for Systemair.

For further information contact:
Gerald Engström, CEO, +46 222 440 01, + 46 70 519 00 01
Svein Nilsen, VP Marketing, +47 930 627 00

Systemair AB, 739 30 Skinnskatteberg, Sweden, +46 222 440 00, www.systemair.com



Systemair in brief
Systemair is a leading ventilation company with operations in 44 countries in
Europe, North- and South America, the Middle East, Asia and South Africa. The
Company had sales of SEK 4 billion in financial 2011/12 and currently employs
about 3,400 people. Systemair has reported an operating profit every year since
1974, when the Company was founded. During the past 15 years, the Company's
growth rate has averaged about 15 percent.

Systemair has well-established operations in growth markets. The Group's
products are marketed under the Systemair, Frico, VEAB and Fantech brands.
Systemair shares have been quoted on the Mid Cap List of the OMX Nordic Exchange
in Stockholm since October 2007. The Group comprises about 60 companies.




Press release PDF:
http://hugin.info/138279/R/1699361/560520.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Systemair AB via Thomson Reuters ONE
[HUG#1699361]




Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Kemira Oyj: Transfer of the company's own shares STONESOFT CORPORATION: MCAFEE LAUNCHES A VOLUNTARY RECOMMENDED PUBLIC TENDER OFFER FOR ALL SHARES AND OPTION RIGHTS IN STONESOFT CORPORATION
Bereitgestellt von Benutzer: hugin
Datum: 06.05.2013 - 08:02 Uhr
Sprache: Deutsch
News-ID 256243
Anzahl Zeichen: 2650

contact information:
Town:

Skinnskatteberg



Kategorie:

Business News



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"Systemair acquires Reftec in Norway"
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