Add-on Acquisition • Manufacturing

Systemair Acquires Nadi

On July 9, 2025, Systemair acquired manufacturer Nadi

Acquisition Context

This is Systemair’s 15th transaction in the Manufacturing sector.
This is Systemair’s 3rd transaction in India.

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M&A Deal Summary
Date	July 9, 2025
Target	Nadi
Sector	Manufacturing
Buyer(s)	Systemair
Deal Type	Add-on Acquisition

Target Company

Nadi

Ponneri, India

Nadi manufactures engineered industrial fans offering centrifugal blowers, axial fans, centrifugal fans, railway cooling fans, and specialized solutions for carbon capture and other environmental applications. Nadi is based in Ponneri, India.

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Buyer Overview 1

Buyer

Systemair

Skinnskatteberg, Sweden

Category	Company
Founded	1972
Sector	Machinery
Employees	6,729
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	25 of 25
Sector: Manufacturing	15 of 15
Type: Add-on Acquisition	24 of 24
Country: India	3 of 3
Year: 2025	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2024-05-08	PHEM Engineering Klang, Malaysia PHEM Engineering manufactures air handling units and fans for commercial applications with sales in Southeast Asia and Australia. PHEM Engineering is headquartered in Kuala Lumpur, Malaysia.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2024-05-08

PHEM Engineering

Klang, Malaysia

PHEM Engineering manufactures air handling units and fans for commercial applications with sales in Southeast Asia and Australia. PHEM Engineering is headquartered in Kuala Lumpur, Malaysia.

Buy

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