Systemair acquires Aaldering Group
(Thomson Reuters ONE) -
Systemair AB (NASDAQ OMX Stockholm: SYSR) has concluded the acquisition of the
companies within Aaldering Group which manufacture and market air curtains in
Germany and the Netherlands.
Aaldering Group comprises three companies; LGB which manufacture air curtains in
Langenfeld, Germany, and sales companies Tekadoor in Langenfeld, Germany and LSA
in Arnhem, Netherlands.
The Group has 38 employees and the sales amounted to 67 MSEK during 2010 with an
operating profit of 13 MSEK. The Companies will be consolidated from January
1st 2011.
- By combining the acquired companies' product range with our existing range of
air curtains, under the brand name Frico, we strengthen our position as market
leader in Europe, says Systemairs CEO Gerald Engström.
For further information contact:
Gerald Engström, CEO Systemair AB, + 46 222 44 001, + 46 70 519 00 01
Jonas Valentin, CEO Frico AB, + 46 31 336 86 04, + 46 70 536 86 04
Systemair AB, 739 30 Skinnskatteberg, Sweden, +46 222 440 00, www.systemair.com
Note
The information in this Press Release is information that Systemair is required
to disclose in accordance with the Swedish Securities Markets Act (lagen om
värdepappersmarknaden) and/or the Swedish Financial Instruments Trading Act
(lagen om handel med finansiella instrument). Swedish and English versions of
this information have been submitted for publication at 13:30 (CET) on 3
February 2011.
Systemair in brief
Systemair is a leading ventilation company with operations in 39 countries in
Europe, North America, the Middle East, Asia, Africa and Australia. The Company
had sales of SEK 3.2 billion in financial 2009/10 and currently employs about
2,400 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/1485082/420218.pdf
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(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#1485082]
Unternehmensinformation / Kurzprofil:
Datum: 03.02.2011 - 13:30 Uhr
Sprache: Deutsch
News-ID 51052
Anzahl Zeichen: 3099
contact information:
Town:
Skinnskatteberg
Kategorie:
Business News
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"Systemair acquires Aaldering Group"
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