Lindab to buy IMP Klima
SWEDEN: Ventilation products company Lindab is to acquire Slovenian air handling unit manufacturer Hidria IMP Klima.
IMP Klima’s business includes products and solutions for ventilation and indoor climate with specific expertise in air handling units and fans. Linda says the acquisition strengthens its ambition to develop its position as a complete supplier of ventilation and indoor climate solutions.
IMP Klima has its registered office and principal business in Slovenia, with units for production and a modern research and development centre. Production is also carried out in Sarajevo, Bosnia. Turnover amounted to around €25.6m in 2014 and the business employs approximately 415 employees. Sales are primarily to the Balkans, Russia, Europe and the Middle East.
Lindab’s President and CEO, Anders Berg, commented: “The air handling unit is an important part of a ventilation offering, which is why IMP Klima, characterised by high quality and great competence, forms a very important and welcome addition to Lindab’s business and adds strength within a number of areas other than air handling units as well. Furthermore, we strengthen our market position in several areas.”