Press release -
Swegon acquires RCS AG in Switzerland
Swegon AB, market leading producer and supplier of energy efficient ventilation and climate systems and the largest wholly owned company in Investment AB Latour, has signed an agreement to by September 30th acquire RCS AG, a Swiss supplier of chillers.
RCS is an independent distributor of chillers. Headquarted in Manno, the company founded in 2004, has two additional offices in Switzerland. The company employs 14 staff and had a turnover of 5,5 MCHF in 2012.
-“This is a strategic acquisition that supports our goal to grow in one of our prioritized markets. In cooperation with our existing subsidiary in Switzerland this acquisition will imply increased sales of our products in the cooling system segment”, says Hannu Saastamoinen, CEO Swegon.
For further information please contact:
Hannu
Saastamoinen, CEO, +46 31 89 58 10
Andreas Örje
Wellstam, SVP Business Development +46 31 89 58 17
Swegon AB is a company in the Latour group and manufactures and sells products and solutions for ventilation and indoor climate systems. The Swegon company group has 1430 employees and the turnover is 330 MEUR.
Investment AB Latour is a mixed investment company consisting of an investment portfolio with a market value of about SEK 22 billion and wholly owned industrial operations with total net sales of about SEK 7 billion.
Topics
- Environment, Energy
Categories
- acquisitions
- air handling units
- indoor climate
Swegon is part of the Latour group and delivers well thought-out and holistic system solutions that create a good indoor climate, which highly contributes to saving energy.
Including international sales subsidiaries, Swegon currently employs 1430 staff and the annual turnover is approximately MEUR 330. Sales and marketing is handled through the Swegon Group sales subsdiaries in 20 countries and to other markets through partners. The company has 6 production plants and laboratories in Sweden, Finland, Italy and India.
