hvacrollups.com
← All signals
Add-on acquisition Mar 2020 · Denmark Verified

Systemair acquires 60% of Danish distributor Tempus Heat

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.

“Systemair AB has acquired 60 percent of the Danish sales company Tempus Heat A/S.”

Entities

Systemair AB · Acquirer Tempus Heat A/S · Target
HVAC

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.