Systemair acquires sales company in Belgium
Systemair (NASDAQ OMX Stockholm: SYSR) has reached an agreement to acquire the sales company Camair, supplying products for air conditioning and ventilation systems for the commercial market in Belgium. The deal is expected to be completed on October 1. The company, which is located in Seneffe 40km south of Brussels, has an estimated turnover of € 7 million for the calendar year 2014 with 22 employees. The acquisition includes a modern property of 3,000m[2] comprising offices, showroom and warehouse. "This gives us a much stronger position in Belgium and contributes to the group with