Systemair divides operations in Sweden
(Thomson Reuters ONE) -
Systemair (NASDAQ OMX Stockholm: SYSR) has decided to split the Swedish
operations into two companies.
Systemair's continued growth has resulted in the need to divide the Swedish
operations into two separate companies. The listed company Systemair AB, will
reform into a pure holding company and include all Group personnel and Group
functions. The newly formed company, Systemair Sweden AB will maintain all
production and sales operations throughout Sweden.
CEO Gerald Engström will assume the role as Managing director of the listed
company Systemair AB while Pär Johansson will take the position as Managing
director for Systemair Sweden.
For further information contact:
Gerald Engström, CEO, + 46 222 44 001, + 46 70 519 00 01
Pär Johansson, MD Systemair Sverige AB, +46 222 42605, +46 70 323 40 19
Anders Ulff, CFO, +46 70 577 40 09
Systemair AB, SE-739 30 Skinnskatteberg, Sweden, +46 222 440 00,
www.systemair.com
Note: The information here is that which Systemair AB has willingly chosen to
make public or that which it is obliged to make public according to the Swedish
Securities Market Act and/or the Financial Instruments Trading Act. The
information was published at 13:00 (CET) on 4 May 2015.
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/1918432/686499.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#1918432]
Unternehmensinformation / Kurzprofil:
Datum: 04.05.2015 - 13:01 Uhr
Sprache: Deutsch
News-ID 390544
Anzahl Zeichen: 2868
contact information:
Town:
Skinnskatteberg
Kategorie:
Business News
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"Systemair divides operations in Sweden"
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Systemair AB (Nachricht senden)
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