Lindab International AB :Lindab acquires French Ventilation Distributor Froid Partn'Air
(Thomson Reuters ONE) -
Lindab has reached an agreement to acquire the French company Froid Partn'Air,
distributor of ventilation and indoor climate products in the Marseille region
in France. The acquisition strengthens Lindab's presence and distribution in
this area, which is the third most populated area in France. The annual turnover
amounts to approx. SEK 13 m and the company employs 5 people.
Lindab' President and CEO Anders Berg comments:
"Our distribution model with fully-owned branches gives us a competitive
advantage in terms of close customer relations and a unique knowledge of our
customers' requirements. This acquisition strengthens our geographical presence
in an important local area in France."
End
The information here is that which Lindab International 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.
Contacts:
LINDAB
Anders Berg, CEO
Email: anders.berg(at)lindab.com
Mobile: +46 (0) 70 35 89155
Linda Kjellgren, Acting CFO
Email: linda.kjellgren(at)lindab.com
Mobile: +46 (0)70 51 77867
Lindab - A Ventilation and Building Products company:
Lindab develops, manufactures, markets and distributes products and system
solutions primarily in steel for simplified construction and improved indoor
climate.
The products are characterised by their high quality, ease of assembly, energy
efficiency, consideration towards the environment, and are delivered with high
levels of service. Altogether, this increases customer value.
The Group had sales revenue of SEK 7,003 m in 2014 and is established in 32
countries with approximately 4,600 employees. The main market is non-residential
construction, which accounts for 80 percent of sales, while residential accounts
for 20 percent of sales. During 2014 the Nordic market accounted for 46 percent,
the CEE/CIS (Central and Eastern Europe plus other former Soviet states) for 21
percent, Western Europe for 30 percent and other markets for 3 percent of total
sales.
The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap. For
more information visit www.lindabgroup.com
press release:
http://hugin.info/1122/R/1940843/704651.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: Lindab International AB via GlobeNewswire
[HUG#1940843]
Unternehmensinformation / Kurzprofil:
Datum: 13.08.2015 - 08:01 Uhr
Sprache: Deutsch
News-ID 413390
Anzahl Zeichen: 3157
contact information:
Town:
BÃ¥stad
Kategorie:
Business News
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"Lindab International AB :Lindab acquires French Ventilation Distributor Froid Partn'Air"
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