Ratos AB: airteam acquires Ventek Ventilation

(Thomson Reuters ONE) -



PRESS RELEASE 15 September 2016


airteam acquires Ventek Ventilation

Ratos's subsidiary airteam is strengthening its market position in Denmark
through the acquisition of Ventek Ventilation A/S, a supplier of ventilation
solutions.

airteam, a leading supplier of ventilation solutions in Denmark, is
strengthening its market position in the country through the acquisition of
Ventek Ventilation. The company was formed in 1982 and has approximately 45
employees, with its head office located in Nibe. Sales for 2015 amounted to
approximately DKK 65m. Its offering comprises complete ventilation solutions,
from design to installation and commissioning of ventilation systems.
Furthermore, Ventek Ventilation offers maintenance and service of its installed
solutions. The company's offering is an excellent complement to airteam's core
operations.

"This strategic add-on acquisition further strengthens airteam's market position
in North Jutland in Denmark. Ventek is a market leader in North Jutland and has
a customer-centric business culture and a dedicated team of employees. The
company's offering is a good fit for airteam's business model," says Poul
Pihlmann, CEO of airteam.

The acquisition was completed on 15 September 2016.

For further information, please contact:
Elin Ljung, Head of Corporate Communications, +46 8 700 17 20
Robin Molvin, Investment Director, +46 08 700 17 00


Financial calendar from Ratos:
Interim report January-September 2016           10 November 2016
Year-end report 2016                                     17 February 2017
Interim report January-March 2017                  8 May 2017
Interim report January-June 2017                    17 August 2017
Interim report January-September 2017           6 November 2017

Ratos is an investment company that owns and develops unlisted medium-sized
Nordic companies. Our goal as an active owner is to contribute to long-term and
sustainable business development in the companies we invest in and to make
value-generating transactions. Ratos's portfolio consists of 21 medium-sized
Nordic companies and the largest segments in terms of sales are Construction,
Industrials and Consumer goods/Commerce. Ratos is listed on Nasdaq Stockholm and
has a total of approximately 16,100 employees.


Press release:
http://hugin.info/1180/R/2042471/762367.pdf



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Ratos via GlobeNewswire

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Bereitgestellt von Benutzer: hugin
Datum: 15.09.2016 - 16:07 Uhr
Sprache: Deutsch
News-ID 495092
Anzahl Zeichen: 3060

contact information:
Town:

Stockholm

Kategorie:

Business News

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