Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Lindab acquires the Czech ventilation business Ventilace EU

Lindab International
Download the release

Lindab expands its operations in the Czech Republic with the acquisition of Ventilace EU's business. With the acquisition, Lindab strengthens both sales and production of rectangular ventilation ducts. Closing of the transaction is expected in June.

Ventilace EU is a well-established manufacturer of rectangular ventilation ducts in the Czech Republic. The business is known for its high level of service and fast deliveries. Lindab already has a collaboration where Ventilace EU has assisted at production peaks in Lindab's central production facility in the Czech Republic.

"We are very pleased to welcome Ventilace EU, our first Czech acquisition, into Lindab Group", says Ola Ringdahl, President and CEO for Lindab. "We have had good relations since before and look forward to further developing the business together. We are also happy that Ventilace EU's co-owner and Managing Director, Jiří Chvátal, will continue to run the business as part of Lindab."

"We look forward to being part of Lindab and strengthening the operations in the Czech Republic. We contribute with knowledge of rectangular ventilation ducts and with well-established customer relations, while at the same time benefiting from the competence Lindab's central production facility in the Czech Republic has. Together we will be stronger than each company on its own," says Jiří Chvátal, Managing Director of Ventilace EU.

The acquired business has annual sales of approximately SEK 42 million and an operating margin lower than Lindab's operating margin for business area Ventilation Systems. The business has 30 employees and is based in Prague in the Czech Republic. The acquisition is financed through own cash.

Read more about Ventilace EU on their website: https://www.ventilace.eu/cz

Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.