Systemair acquires company in Australia

Date: 15 August 2019
Systemair acquires company in Australia
Systemair AB has acquired the ventilation part of the Australian company Pacific HVAC Engineering. The company, which is headquartered in Melbourne, has an annual turnover of approximately AUD 20 million (SEK 130 million) and is also established in Sydney, Adelaide, Brisbane, Perth, and Auckland in New Zealand. The company is a distributor of ventilation products and manufactures a range of fans. The number of employees is 60 people and the company will be renamed Pacific Ventilation immediately.

"We see great opportunities with the company's market presence and locally adapted product portfolio. This acquisition gives us a strong market position in Australia and New Zealand. We expect good growth in the region for Systemair’s product range, primarily from the factories in Malaysia and India," says Roland Kasper, CEO, Systemair.
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