Plumbing. Heating. Conditioning. Energy Efficiency.

Systemair acquires trading companies

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28 March 2012
Systemair acquires Frivent Luft und Wärmetechnik GmbH in Chemnitz and Garching in Germany.

The companies Frivent Luft und Wärmetechnik GmbH in Chemnitz, Saxony, Eastern Germany and Garching, Bavaria, are sales companies of the Austrian company Josef Friedl GmbH.

The combined turnover of both companies was 3.3 MEUR in 2010 with seven employees in total. The Frivent office in Chemnitz has been an agent for Systemair in parts of eastern Germany

-"With the acquisition of Frivent we are now able to service the entire German market with our own sales organisation. We will at the same time acquire additional expertise in the field of air handling units and access to expanded product lines", says Kurt Maurer, managing director of Systemair GmbH
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