Add-on Acquisition • Machinery

Systemair Acquires Havalandirma Endustri Sanayi Ve Ticaret Sti

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

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

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M&A Deal Summary

Date May 2, 2012
Target Havalandirma Endustri Sanayi Ve Ticaret Sti
Sector Machinery
Buyer(s) Systemair
Deal Type Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer #
Overall 14 of 25
Sector: Machinery 3 of 8
Type: Add-on Acquisition 14 of 24
Country: Turkey 1 of 1
Year: 2012 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 -

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