Systemair acquires Energoplus in Slovenia


Systemair acquires Energoplus in Slovenia

The ventilation company Systemair has come to an agreement with Energoplus in
Slovenia to acquire the shares in the company per 1st of May. The company has an
annual turnover of more than 100 MSEK. 

Energoplus is a market leader in Slovenia in ventilation and airconditioning
products. The company was founded in 1990 and has more than 20 employees.
- Energoplus has a strong position in Slovenia and through this acquisition we
will have good opportunities to increase the sale of Systemair's products, says
Gerald Engström, CEO for Systemair.

In connection with the acquisition, the company will change the name to
Systemair Energoplus.



For more information, please contact
Gerald Engström, CEO, +46 222 44001, mobile +46 70 519 00 01, 
Glen Nilsson, CFO, +46 222 44003, mobile +46 70 654 40 03, 


Systemair in brief
Systemair is a leading ventilation company with operations in 38 countries in
Europe, North America, the Middle East, Asia, Africa and Australia. The Company
had sales of approximately SEK 3.1 billion in the 2007/08 financial year and
currently employs about 1,950 people. Since it was founded in 1974, the Company
has increased sales every year and at the same time reported an operating
profit. The Group comprises about 50 companies. 
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. 

Attachments

03092558.pdf