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Systemair signs agreement to acquire Indian industrial fan maker NADI Airtechnics

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Relationship map for Systemair signs agreement to acquire Indian industrial fan maker NADI Airtechnicsparent ofSystemair AB: PlatformSystemair ABNADI Airtechnics Ltd: Operating CompanyNANADI Airtechnics Ltd
Operating CompanyPlatform

Parties

Acquirer
Systemair AB
Platform
Target
NADI Airtechnics Ltd
Operating Company

Summary

Sweden's Systemair AB signed an agreement to acquire NADI Airtechnics, an Indian manufacturer of industrial fans, expanding its presence in India and the industrial segment.

Primary source