SWEDEN: Ventilation company Systemair has acquired Viking Air Conditioning, a South African manufacturer of air handling units and packaged units.
Located in Spartan in Johannesburg, Viking produces and sells customised air handling units, with and without integrated cooling. It has annual sales in South Africa and in neighbouring countries of approximately SEK40m (€4.09m).
Established more than 25 years, Viking products have been widely installed in supermarket chains in the region as well as in a large variety of air conditioning applications. The company has 45 employees in rented premises of 3,000m².
“We see great opportunities with the company’s market position and products. This acquisition complements us very well and gives us new possibilities in the region,” said Systemair president and CEO Roland Kasper.