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Systemair takes over Energoplus

Ventilation specialist Systemair has agreed a deal to buy Slovenia based Energoplus.

The company has an annual turnover of more than 100 million Swedish Kronor (around £8million) and the deal is due to go through on May 1.

Energoplus was founded in 1990, has more than 20 employees and is a market leader in Slovenia in ventilation and air conditioning products.

Systemair chief executive Gerald Engström said: “Energoplus has a strong position in Slovenia and through this acquisition we will have good opportunities to increase the sale of Systemair’s products.”

The company will change its name to Systemair Energoplus following the acquisition.