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Add-on acquisition Aug 2019 · Australia and New Zealand

Systemair acquires ventilation business of Pacific HVAC Engineering (Australia)

Systemair AB acquired the ventilation business of Australia's Pacific HVAC Engineering (about AUD 20M turnover, 60 employees), to be renamed Pacific Ventilation, strengthening its market position in Australia and New Zealand.

“Systemair AB has acquired the ventilation part of the Australian company Pacific HVAC Engineering.”

Entities

Pacific HVAC Engineering · Target Systemair AB · Acquirer
HVAC Sentiment: Positive

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.