Systemair buys German sales companies
(Thomson Reuters ONE) -
Systemair (NASDAQ OMX Stockholm: SYSR) acquires Frivent Luft und Wärmetechnik
GmbH in Chemnitz and Garching in Germany.
The companies Frivent Luft und Wärmetechnik GmbH in Chemnitz, Saxony, Eastern
Germany and Garching, Bavaria, are sales companies of the Austrian company Josef
Friedl GmbH.
The combined turnover of both companies was 3.3 MEUR in 2010 with seven
employees in total. The Frivent office in Chemnitz has been an agent for
Systemair in parts of eastern Germany
-"With the acquisition of Frivent we are now able to service the entire German
market with our own sales organisation. We will at the same time acquire
additional expertise in the field of air handling units and access to expanded
product lines", says Kurt Maurer, managing director of Systemair GmbH
For further information, please contact:
Gerald Engström, CEO, +46 222 440 01, +46 70 519 00 01
Kurt Maurer, managing director of Systemair GmbH, +49 7930 9272 33
Systemair AB, SE-739 30 Skinnskatteberg, Sweden,
+46 222 440 00,www.systemair.com
Note: The information in this press release is information that Systemair AB is
required to disclose in accordance with the Swedish Securities Markets Act
and/or the Swedish Financial Instruments Trading Act. Swedish and English
versions of this information have been submitted for publication at 14.15 am on
25 November 2011.
Systemair in brief
Systemair is a leading ventilation company with operations in 41 countries in
Europe, North- and South America, the Middle East, Asia, Africa and Australia.
The Company had sales of SEK 3.47 billion in financial 2010/11 and currently
employs about 2,800 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/1566757/486548.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters 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 Thomson Reuters ONE
[HUG#1566757]
Unternehmensinformation / Kurzprofil:
Datum: 25.11.2011 - 14:15 Uhr
Sprache: Deutsch
News-ID 91136
Anzahl Zeichen: 3036
contact information:
Town:
Skinnskatteberg
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 227 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Systemair buys German sales companies"
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).
