hvacrollups.com
← Deals
Add-on acquisition · Closed Mar 2020

Systemair acquires 60% of Danish distributor Tempus Heat

Relationship map

Relationship map for Systemair acquires 60% of Danish distributor Tempus Heatparent ofSystemair AB: PlatformSystemair ABTempus Heat A/S: Operating CompanyTHTempus Heat A/S
Operating CompanyPlatform

Parties
Acquirer
Systemair AB
Platform
Target
Tempus Heat A/S
Operating Company

Summary

Systemair AB acquired 60 percent of Danish sales company Tempus Heat A/S, a distributor of Frico heating products, to increase market share in Denmark. The company will be renamed Frico A/S.

Primary source