Systemair acquires sales company in Germany
(Thomson Reuters ONE) -
Systemair (NASDAQ OMX Stockholm: SYSR) has reached an agreement to acquire the
sales company Airwell Deutschland GmbH, distributor of products for air
conditioning and ventilation systems for the commercial market in Germany.
The company, which is located in Frankfurt with office and warehouse, has an
estimated turnover of ? 7 million for the coming year with 15 employees.
"This gives us a wider base in Germany and contributes to the group with
competence within commercial air conditioning," says Systemair CEO Gerald
Engström.
"We see great synergies with our latest acquisition, Airwell in France, and our
Italian production of chillers. We will immediately merge the operation with our
existing Systemair company in Germany and take advantage of synergies in
administration and logistics", says Gerald Engström.
For further information, please contact:
Gerald Engström, CEO, + 46 222 44 001, + 46 70 519 00 01
Anders Ulff, CFO, + 46 222 440 09, + 46 70 577 40 09
Systemair AB, SE-739 30 Skinnskatteberg, Sweden, +46 222 440 00,
www.systemair.com
Systemair in brief
Systemair is a leading ventilation company with operations in 45 countries in
Europe, North- and South America, the Middle East, Asia and South Africa. The
Company had sales of SEK 5.3 billion in financial year 2013/14 and currently
employs about 4,500 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 13 percent.
Systemair has well-established operations in growth markets. The Group's
products are marketed under the Systemair, Frico, VEAB, Fantech, Menerga and
Holland Heating 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/1862502/653453.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1862502]
Unternehmensinformation / Kurzprofil:
Datum: 13.10.2014 - 13:01 Uhr
Sprache: Deutsch
News-ID 343496
Anzahl Zeichen: 2740
contact information:
Town:
Skinnskatteberg
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 144 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Systemair acquires sales company in Germany"
steht unter der journalistisch-redaktionellen Verantwortung von
Systemair AB (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
