Systemair acquires Tecnair LV S.p.A. from LU-VE Group and Monti family

Systemair agreed to acquire 80% of Italian precision cooling maker Tecnair LV S.p.A. from LU-VE Group and the remaining 20% from the Monti family for EUR 15 million debt-free, pending Italian regulatory approval.

“Systemair has acquired 80% of the Italian company Tecnair LV S.p.A. from LU-VE Group, listed on the Milan Stock Exchange, and the remaining 20% from the Monti family.”

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