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Lindab acquires Airmaster and establishes a new product area for decentralised ventilation

Jan 19, 2024

Acquiring Company

Lindab

Acquired Company

Airmaster

OuakaAarsManufacturingEnergyMechanical Or Industrial Engineering

Description

Lindab, a leading European company in decentralized ventilation solutions, has finalized an agreement to acquire Airmaster, a prominent European manufacturer specializing in decentralized ventilation technology. With this acquisition, Lindab creates a new product area focused on decentralized ventilation, with the goal of achieving SEK 2 billion in sales by 2027.

Quick answer

Lindab is acquiring Airmaster, announced January 19, 2024. Lindab is based in Ouaka, Central African Republic.

How much did Lindab pay for Airmaster?
The deal value was not disclosed.
What does Lindab do?
Lindab International AB is a ventilation company primarily active in the UK through its subsidiaries Lindab UK and Ductmann Limited.
Where are Lindab and Airmaster based?
Lindab is based in Ouaka, Central African Republic. Airmaster is based in Aars, Nordjylland, Denmark.

Source: Fundz verified event record.

Other recent acquisitions in Energy and Mechanical Or Industrial Engineering

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Lindab

Location

Ouaka, Central African Republic

About

Lindab International AB is a ventilation company primarily active in the UK through its subsidiaries Lindab UK and Ductmann Limited. They are known for manufacturing and distributing ventilation system products, including circular ducts and fittings.

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Frequently asked

Who acquired Airmaster?

Airmaster was acquired by Lindab, based in Ouaka. The deal was reported on January 19, 2024. Lindab International AB is a ventilation company primarily active in the UK through its subsidiaries Lindab UK and Ductmann Limited. Lindab is privately held and operates in Manufacturing.

When did Lindab acquire Airmaster?

Lindab's acquisition of Airmaster was reported on January 19, 2024. Lindab, a leading European company in decentralized ventilation solutions, has finalized an agreement to acquire Airmaster, a prominent European manufacturer specializing in decentralized ventilation technology. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Airmaster do?

We provide our future the best indoor climate! Improve your indoor climate with ventilation from Airmaster At Airmaster, we believe a healthy indoor climate improves our quality of lifes. It is privately held, operating in Mechanical Or Industrial Engineering, and is based in Aars.

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