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Swegon acquires innovative residential ventilation company in Germany

Press Releases   •   Apr 21, 2016 11:05 GMT

Swegon, market leading producer and supplier of indoor climate systems and products, acquires bluMartin GmbH in Germany.

bluMartin is an innovative manufacturer of decentralized residential air handling units with A+ Ecodesign Energy Class and Passivhaus certification. The company has 16 employees and is situated in Wessling, in the south of Germany. The turnover in 2015 was 2 MEUR.

The acquisition of bluMartin is in line with Swegons’ strategy of strengthening its presence on the German market and in residential ventilation.

“With an increasing focus on passive house development we see a big potential for modern ventilation solutions in the German residential ventilation market. By adding our resources to support bluMartins’ innovative thinking Swegon can help speed up the growth of bluMartin GmbH and we believe in an interesting future for the company as part of Swegon Group.” says Hannu Saastamoinen, CEO of Swegon.

“Our young company has had a fantastic development since it was founded. As a part of the Swegon Group, we can take the next steps on our journey and accelerate our growth. We believe in a bright future for employees, partners and customers alike.” says Bernhard Martin, Managing Director of bluMartin GmbH.

For further information please contact:
Hannu Saastamoinen, CEO, +46 31 89 58 10
Andreas Örje Wellstam, CFO +46 31 89 58 17

Swegon is part of the Latour group, listed on the Swedish stock market and is the market leader within energy efficient ventilation and indoor climate systems. Through the Swegon Group sales subsidiaries and partners Swegon supplies products and systems that create good indoor climate and highly contributes to saving energy.

Swegon has 11 production plants in Sweden, Finland, Italy, India, North Amercia and Belgium. The company employs 1 850 staff and the turnover is approximately MEUR 380.

Swegon strengthens its position on the German market through acquisition of bluMartin.

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Major innovations go more than skin deep – a new GOLD generation

Press Releases   •   Sep 30, 2016 07:00 GMT

Swegon closely monitors trends in both the ventilation sector and industry at large, and in response to tomorrow’s requirements for energy efficiency, flexibility and comfort, is now launching a brand new generation of GOLD air handling units. All with a new colour, and a number of major innovations under the coat of paint.

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Stora nyheter under lacken – en ny generation GOLD

Press Releases   •   Sep 30, 2016 07:00 GMT

Swegon följer noggrant utvecklingen i såväl ventilationsbranschen som omvärlden i stort och för att möta morgondagens krav på energieffektivitet, flexibilitet och komfortkrav lanseras nu en helt ny generation GOLD luftbehandlingsaggregat. Alla nya GOLD får en ny grå nyans, men de största nyheterna gömmer sig givetvis under lacken.

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Increased capacity and new opportunities with PARASOL Zenith

Press Releases   •   Sep 16, 2016 07:00 GMT

Thanks to a brand new product platform with double air outlets, double heat exchangers and double nozzle arrays, Swegon’s PARASOL Zenith has a unique ability to ventilate and climatise even large and demanding rooms, with maintained indoor climate comfort.

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PARASOL VAV – flexible controls, great indoor climate

Press Releases   •   Aug 10, 2015 08:00 GMT

Swegon's well known PARASOL family of comfort modules for ventilation, heating and cooling, has received a new family member. The PARASOL VAV utilizes the good indoor climate properties of the PARASOL platform, and the innovative damper funtionality of the ADAPT Parasol. On top of this a demand controlled ventilation functionality for multiple units is added, both cost efficient and energy saving.

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Great savings with the new generation PARAGON

Press Releases   •   Jul 03, 2015 07:00 GMT

Swegon's PARAGON is a ventilation product customized for the requirements of hotel rooms and hospitals - providing ventilation, heating and cooling without noisy fans and cold draught. Swegon is now launching a new product generation with increased cooling and heating capacity, saving both investment cost and energy, while maintaining the indoor climate comfort at the highest possible level.

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And the award goes to – ADAPT Parasol!

Press Releases   •   May 05, 2015 14:15 GMT

Swegon’s PARASOL comfort module family for ventilation with waterborne cooling and heating, continues its global success story. Already in 2007 the newly launched PARASOL won the Great Indoor Climate Prize, and the following year it was recognized at the GAIA Awards in Dubai.

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New ceiling diffuser and plenum box from Swegon

Press Releases   •   Oct 08, 2014 06:30 GMT

Swegon is now introducing VIREO air diffuser and ALX plenum box. The diffuser works for variable airflow systems and is therefore suitable for many different applications. ALX plenum box is rotatable 360° to avoid unnecessary bends/pressure drops. Dust protection covers minimize the need to clean out the system before commissioning, making it easier to fulfil the VDI 6022 regulations.

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Swegon strengthens data center cooling business by acquiring Econdition GmbH

Press Releases   •   Aug 01, 2014 07:15 GMT

Swegon, market leading producer and supplier of indoor climate systems and products, acquires Econdition GmbH in Germany.

Econdition is a leading distributor of data center and industrial cooling solutions. With headquarters in Munich the company employs 40 staff and reported a turnover of approximately 14 MEUR in 2013. The acquisition is subject to approval by antitrust authorities and closing is expected during August.

The acquisition of Econdition is in line with Swegons strategy of strengthening its presence on the German market and will increase Swegons sales within cooling and especially in the growing segment of data center cooling.

“Along with last years’ acquisition of Walter Meier (Klima Deutschland) GmbH, Econdition adds on to our already solid platform in Germany and at the same time brings us one step closer to our end customers”, says Hannu Saastamoinen, CEO of Swegon.

For further information please contact:
Hannu Saastamoinen, CEO, +46 31 89 58 10
Andreas Örje Wellstam, VP BA Residential and M&A +46 31 89 58 17


Swegon is part of the Latour group, listed on the Swedish stock market and is the market leader within energy efficient ventilation and indoor climate systems. Through the Swegon Group sales subsidiaries and partners Swegon supplies components and systems that create good indoor climate and highly contributes to saving energy.

Swegon has ten production plants in Sweden, Finland, Italy, India, North Amercia and Belgium. The company employs 1 700 staff and the turnover is approximately MEUR 360.


Swegon, market leading producer and supplier of indoor climate systems and products, acquires Econdition GmbH in Germany. The acquisition of Econdition is in line with Swegons strategy of strengthening its presence on the German market and will increase Swegons sales within cooling and especially in the growing segment of data center cooling.

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Swegon continues to grow by acquiring P. Lemmens

Press Releases   •   Jul 09, 2014 10:30 GMT

With headquarters in Gembloux, Belgium, P. Lemmens’ largest product area is compact air handling units with built-in controls. The product range also includes fans, air curtains and products for heat recovery. The company reported a turnover of 26 MEUR in 2013 and has 59 staff.

“We are delighted to welcome P. Lemmens as the latest member in the Swegon family”, says Hannu Saastamoinen, CEO Swegon. “Lemmens is a fantastic company that has been managed very successfully over the years. This acquisition makes Swegon the clear market leader in compact air handling units in Europe. With their strong product range Lemmens will complement Swegon’s well-known GOLD air handling unit range extremely well when it comes to lower air volumes. Through this acquisition we also continue to strengthen our market position in Continental Europe”.

P. Lemmens will remain as a separate entity and will continue to develop its own business together with its current partner network. Stephan Lemmens will continue as a minority shareholder and Managing Director of the company.

“The cooperation with Waterland has during the years been very positive and has had great impact on the development of our business. We now look forward to continue this journey together with Swegon. They will provide us with a very strong platform from which we can further develop our product range and also serve current and new customers even better in the future.” says Stephan Lemmens, MD P. Lemmens.

For further information please contact:
Hannu Saastamoinen, CEO, +46 31 89 58 10
Andreas Örje Wellstam, VP BA Residential and M&A +46 31 89 58 17

Swegon is part of the Latour group, listed on the Swedish stock market and is the market leader within energy efficient ventilation and indoor climate systems. Through the Swegon Group sales subsidiaries and partners Swegon supplies components and systems that create good indoor climate and highly contributes to saving energy.

Swegon has nine production plants in Sweden, Finland, Italy, India and North America. The company employs 1 650 staff and the turnover is approximately MEUR 360.


Swegon, market leading producer and supplier of indoor climate systems and products has acquired the leading Belgian air handling unit manufacturer P. Lemmens. Swegon is thereby strengthening its presence in Continental Europe.

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About Swegon

We create the world's best indoor climate - for people and the environment!

Swegon AB is a company in the Latour group and is market leaders within energy efficient ventilation and climate systems.

Swegon has 11 production plants in Sweden, Finland, Italy, India, North Amercia and Belgium. The company employs 1 850 staff and the turnover is approximately MEUR 375.

Address

  • Swegon
  • J A Wettergrens gata 7
  • 421 30 Gothenburg
  • Sweden