M&A Deal Summary

Systemair Acquires Change Air Products and Services

On June 4, 2012, Systemair acquired manufacturer Change Air Products and Services

Acquisition Highlights
  • This is Systemair’s 10th transaction in the Manufacturing sector.
  • This is Systemair’s 1st transaction in Canada.
  • This is Systemair’s 1st transaction in Ontario.

M&A Deal Summary

Date 2012-06-04
Target Change Air Products and Services
Sector Manufacturing
Buyer(s) Systemair
Deal Type Add-on Acquisition

Target

Change Air Products and Services

Aylmer, Ontario, Canada
Change'Air Products and Services Ltd. is a manufacturer of ventilation equipment for classrooms.

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Buyer(S) 1

Buyer

Systemair

Skinnskatteberg, Sweden

Category Company
Founded 1972
Sector Machinery
Employees5,927
Revenue 12.1B SEK (2023)
DESCRIPTION

Systemair is a ventilation company operated in 44 countries in Europe, North and South America, the Middle East, Asia, and South Africa. The company offers a wide range of energy-efficient fans, air handling units, air distribution products, and air curtains for different types of premises. Systemair was founded in 1972 and is based in Skinnskatteberg, Sweden.


DEAL STATS #
Overall 15 of 24
Sector (Manufacturing) 10 of 14
Type (Add-on Acquisition) 15 of 23
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-02 Havalandirma Endustri Sanayi Ve Ticaret Sti

Istanbul, Turkey

Havalandirma Endustri Sanayi Ve Ticaret Ltd. Sti is a manufacturer of air handling units. HSK was established in 1981 and is headquartered in Istanbul, Turkey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-05 Carrier Holland Heating

Waalwijk, Netherlands

Carrier Holland Heating is an air handling unit manufacturer. Carrier Holland Heating was established in 1955 and is headquartered in Waalwijk, Netherlands.

Buy -