Systemair buys German sales companies

Systemair (NASDAQ OMX Stockholm: SYSR) acquires Frivent Luft und Wärmetechnik
GmbH in Chemnitz and Garching in Germany.

The companies Frivent Luft und Wärmetechnik GmbH in Chemnitz, Saxony, Eastern
Germany and Garching, Bavaria, are sales companies of the Austrian company Josef
Friedl GmbH.

The combined turnover of both companies was 3.3 MEUR in 2010 with seven
employees in total. The Frivent office in Chemnitz has been an agent for
Systemair in parts of eastern Germany

-"With the acquisition of Frivent we are now able to service the entire German
market with our own sales organisation. We will at the same time acquire
additional expertise in the field of air handling units and access to expanded
product lines", says Kurt Maurer, managing director of Systemair GmbH


For further information, please contact:
Gerald Engström, CEO, +46 222 440 01, +46 70 519 00 01
Kurt Maurer, managing director of Systemair GmbH, [phone]


Systemair AB, SE-739 30 Skinnskatteberg, Sweden,
+46 222 440 00,www.systemair.com

Note:  The information in this press release is information that Systemair AB is
required to disclose in accordance with the Swedish Securities Markets Act
and/or the Swedish Financial Instruments Trading Act.  Swedish and English
versions of this information have been submitted for publication at 14.15 am on
25 November 2011.

Systemair in brief
Systemair is a leading ventilation company with operations in 41 countries in
Europe, North- and South America, the Middle East, Asia, Africa and Australia.
The Company had sales of SEK 3.47 billion in financial 2010/11 and currently
employs about 2,800 people. Systemair has reported an operating profit every
year since 1974, when the Company was founded. During the past 15 years, the
Company's growth rate has averaged about 15 percent.

Systemair has well-established operations in growth markets. The Group's
products are marketed under the Systemair, Frico, VEAB and Fantech brands.
Systemair shares have been quoted on the Mid Cap List of the OMX Nordic Exchange
in Stockholm since October 2007. The Group comprises about 60 companies.




Press Release PDF: 


http://hugin.info/138279/R/1566757/486548.pdf




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Source: Systemair AB via Thomson Reuters ONE

[HUG#1566757]