Systemair - strategic acquisition in India

Systemair has agreed to acquire the Indian ventilation company
Ravistar with a yearly turnover of approximately 60 MSEK. The
acquisition includes the right to use the Ravistar trademark.

Ravistar is a market leader in India within air distribution products
for buildings, airports and process industries such as
pharmaceuticals and hygien segments. The company employs about 200
and their head quarter is located in Noida outside New Delhi, sales
office in Bangalore and production facilities in Noida and Hyderabad.

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, that 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.


For further information please contact:
Gerald Engström, CEO [phone]
Glen Nilsson, CFO [phone]
Anders Ulff, Vice President Administration, [phone]
Svein Nilsen, Vice President Sales & Market, [phone]


Systemair in brief
Systemair is a leading ventilation company with operations in 38
countries in Europe, North America, the Middle East, Asia, Africa and
Australia. The Company had sales of approximately SEK 3.3 billion in
the 2008/09 financial year and currently employs about 1,960 people.
Since it was founded in 1974, the Company has increased sales every
year and at the same time reported an operating profit. During the
past three years, the Company's growth rate has averaged roughly 13
percent. The Group comprises about 50 companies.
Systemair has well-established operations in growth markets. The
Group's products are marketed under the Systemair, Frico, VEAB and
Fantech brands. Systemair shares have been quoted on the Mid Cap List
of the Nasdaq OMX Nordic Exchange in Stockholm since October 2007.


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