Lindabs ventilation solutions are mainly used in larger buildings. With the acquisition of Alig Ventilation AB, the offer is expanded with products and expertise for ventilation in smaller residential buildings. The completion of the transaction is expected in January.
Alig Ventilation offers advice, calculations, drawings and ventilation products to house manufacturers, construction contractors and private individuals. The company has focused on ventilation for smaller properties and handles both new construction and renovation. Alig Ventilation also runs the web shop “ventilationsbutiken.se”.
With the acquisition, Lindab shall have access to increased competence for ventilation of detached houses and other smaller properties. In addition, the acquisition provides established relationships with Swedish manufacturers of detached houses and a direct sales channel to consumers.
“We look forward to strengthening our business by welcoming Alig Ventilation to Lindab“, says Ola Ringdahl, President and CEO of Lindab. “Both companies are experts in ventilation but with a focus on different customer groups. Together with Alig Ventilation, we can develop our products to be even better. We are also very pleased that the four previous owners will continue to run the business as part of Lindab. “
“By becoming a part of Lindab, we will have the opportunity to take our business to the next level “, says Mikael Olsson, CEO of Alig Ventilation. “Lindabs products fit well into our product range and by being part of a larger group, we gain access to a broad portfolio of high-quality products. We can in turn contribute with strong customer relationships and high competence in an area that Lindab wants to develop further. We look forward to a very rewarding collaboration. “
Lindab has today signed an agreement to acquire Alig Ventilation. Closing is expected in January. Alig Ventilation AB was founded in the early 70’s by Kenneth Olsson and is today run by the founder’s sons Mikael, Mathias, David and Daniel Olsson. The business is based in Mariestad in Sweden, where the company has 15 employees. Alig Ventilation has sales of approx SEK 65 million and an operating margin higher than Lindabs operating margin.
Read more about Alig Ventilation on their website: https://alig.se/
Ola Ringdahlchairman and CEO
Email: [email protected]
Phone: +46 (0) 431 850 00
Catharina PaulcénHead of Corporate Communications
Email: [email protected]
Mobile: +46 (0) 701 48 99 65
Lindab is a leading ventilation company in Europe. Lindab develops, manufactures, markets and distributes products and systems for energy-efficient ventilation and a healthy indoor climate. The products are characterized by high quality, easy installation and environmental thinking.
The group had sales of approx 9 166 kr m 2020 and is established in 24 countries with approximately 5,000 employees. The Nordic region accounted for 48 percent of sales in 2020, Western Europe for 32 percent, Central and Eastern Europe for 18 percent and Other markets 2 percent.
The share is listed on Nasdaq Stockholm, Mid Cap, under the short name LIAB. read more about Lindab on https://www.lindabgroup.com/
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