Subscribe to the daily news Sign in
En
Systemair Completes Full Acquisition of Systemair HSK Türkiye
18 January 2025

Systemair Completes Full Acquisition of Systemair HSK Türkiye

Systemair AB has successfully completed the acquisition of the remaining 10% of shares in its Turkish subsidiary, Systemair HSK Türkiye. This follows the approval from the Turkish competition authorities, finalizing the deal initially announced in December 2024. 

By securing the remaining shares, Systemair AB now holds full ownership of Systemair HSK Türkiye. This acquisition marks a significant step for Systemair, allowing the company to consolidate its position and operations in the Turkish market. Full ownership will provide Systemair with enhanced strategic and operational flexibility within the region, enabling streamlined processes and unified decision-making aligned with global objectives. 

Systemair has been steadily expanding its footprint in Türkiye, and this latest move underscores its commitment to furthering growth and strengthening its market presence in the region. The company is well-positioned to leverage its 100% ownership status to drive future innovations and optimize its offerings in heating, ventilation, and air conditioning systems. 

As a leading player in the HVAC industry, Systemair is focused on delivering quality and efficiency in its products. Full control over its Turkish operations will support the company’s mission to meet the evolving needs of its clients and maintain high standards in potential future expansions. This strategic acquisition highlights Systemair’s dedication to fortifying its international branches and securing its competitive edge in the global market.
Related tags: HVAC, air conditioning
Share

Related news

SMACool Project Develops Elastocaloric Cooling System for Homes
A European consortium is developing a high-efficiency air conditioning system using shape memory alloys as solid-state refrigerants. The EU-funded SMACool project is advancing elasto
05 May 2025
University of Ljubljana Develops Solid-State Cooling to Replace Tox...
New elastocaloric system promises safer, more efficient alternative to vapor-compression cooling. Researchers at the University of Ljubljana, Slovenia, are developing a solid-state c
14 May 2025
Samsung to acquire FläktGroup from Triton for €1.5 billion
Samsung Electronics Co., Ltd. has signed an agreement to acquire FläktGroup from funds advised by Triton for €1.5 billion (enterprise value €1.8 billion). The transaction is subject to customar...
14 May 2025
Stephen Gill nominated for UK Lifetime Achiever Award for EDI work
Stephen Gill has been nominated for the ‘Lifetime Achiever’ category at the UK’s National Diversity Awards, which honours individuals who have made outstanding, long-term contributions to advan...
30 Jul 2025
Caverion to Deliver Full Technical Systems for Nebius Data Centre E...
Caverion has secured a major contract with Nebius DC Oy to deliver comprehensive technical solutions for the expansion of Nebius’s data centre in Mäntsälä, Finland. The agreement, valued at a...
13 May 2025
AREA and WRD announce finalists for 2025 Women in Cooling Video Com...
AREA and World Refrigeration Day (WRD) have announced the finalists for the third edition of the Women in Cooling Video Competition. The initiative highlights the expertise of women in the refr...
23 May 2025