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Systemair acquires Indian ventilation company Ravistar |
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Tuesday, 24 November 2009 |
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Systemair, a leading ventilation company with operations in 38 countries in Europe, North America, the Middle East, Asia, Africa and Australia, is now investing in India, since it has agreed to acquire the Indian ventilation company Ravistar, a market leader in India within air distribution products for buildings, airports and process industries.
Systemair has already sales offices in New Delhi, Bangalore, Kolkata and Pune and a centralized warehouse and assembly plant in Alwar to support local market. Since 2007 Systemair has a company, Systemair Software, which develops simulating software for different ventilation needs and product selection software for Systemair products.
This is a strategic acquisition for us, says Gerald Engström, Group President of Systemair. With this acquisition we will strengthen our position in India and improve our opportunities to market the complete Systemair product range in the Indian market.
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