Acquisition geared towards increasing sales and expansion of technical know-how

Systemair has announced signing an agreement to acquire Menerga in Germany, a European manufacturer of air handling units for comfort, pool and process ventilation. The finalisation of the agreement was expected to occur in May, it added.

Commenting on the agreement, Gerald Engström, Systemair’s President and CEO, said: “We are very pleased to have succeeded in acquiring Menerga, who have first class reputation in pool ventilation systems. We can see great synergy in our sales companies and believe that we, through this, are able to increase sales volumes significantly in the future. They bring, at the same time, technical know-how in the area of complex comfort and process ventilation systems, which can be made use of at some of our other air handling unit factories within the group.”