Systemair buys Canadian manufacturer Temspec
24th July 2026
SWEDEN: Swedish HVAC company Systemair AB has acquired Temspec Inc, a leading Canadian HVAC equipment designer and manufacturer.
Established in 1971 and based in Mississauga, Ontario, Temspec is seen as a leading designer and manufacturer of single zone HVAC equipment in the North American HVAC market for multi-storey buildings and school applications. Its LEAF vertical fan coil is said to offer the highest efficiency fan technology using an integrated backward inclined impeller fan and EC motor.
The company employs approximately 90 employees and recorded revenues of around €18m in 2024/25.
Temspec will be integrated into Systemair’s North American operations, which today employs approximately 555 people.
“The acquisition of Temspec strengthens Systemair’s position in the North American market, and makes us the undisputed leader in ventilation solutions for schools. With complementary products and an established sales representative network, we see significant opportunities for revenue growth,” said Systemair president and CEO Robert Larsson.
