M&A Deal Summary

Systemair Acquires Havalandirma Endustri Sanayi Ve Ticaret Sti

On May 2, 2012, Systemair acquired machinery company Havalandirma Endustri Sanayi Ve Ticaret Sti

Acquisition Highlights
  • This is Systemair’s 3rd transaction in the Machinery sector.
  • This is Systemair’s 1st transaction in Turkey.

M&A Deal Summary

Date 2012-05-02
Target Havalandirma Endustri Sanayi Ve Ticaret Sti
Sector Machinery
Buyer(s) Systemair
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Systemair

Skinnskatteberg, Sweden

Category Company
Founded 1972
Sector Machinery
Employees6,729
Revenue 12.3B SEK (2025)
DESCRIPTION

Systemair is a ventilation company operating 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 14 of 25
Sector: Machinery M&A 3 of 8
Type: Add-on Acquisition M&A Deals 14 of 24
Country: Turkey M&A 1 of 1
Year: 2012 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-29 DT Thermo d.o.o.

Serbia

DT Thermo d.o.o. is a distributor of ventilation products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-04 Change Air Products and Services

Aylmer, Ontario, Canada

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

Buy -