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2015-09-28

Systemair AB: Systemair acquires sales company for Belarus and Kaliningrad

Systemair AB (NASDAQ OMX Stockholm: SYSR) has acquired Alitis that represents
Systemair in Belarus and Kaliningrad.

Alitis, that markets and sells the complete range of Systemair products,
achieved a turnover of EUR 5.5 million in 2014. The total number of employees
is 15, of which the majority is based in Minsk. "Especially Belarus, but also
Kaliningrad, are interesting markets for us and the acquisition of our sales
channels there give us own local presence that strengthens our position
further", says Fredrik Andersson, Vice President Marketing for Systemair.

For further information, please contact:
Fredrik Andersson, VP Marketing, +46 70 628 40 40
Roland Kasper, CEO, + 46 73 094 40 13
Gerald Engström, Chairman, + 46 222 44 001, + 46 70 519 00 01

Systemair AB, SE-739 30 Skinnskatteberg, Sweden, +46 222 440
00,www.systemair.com
Systemair in brief

Systemair is a leading ventilation company with operations in 47 countries in
Europe, North- and South America, the Middle East, Asia and South Africa. The
Company had sales of SEK 5.9 billion in financial year 2014/15 and currently
employs about 4,600 people. Systemair has reported an operating profit every
year since 1974, when the Company was founded. During the past 15 years, the
Company's growth rate has averaged about 13 percent.

Systemair has well-established operations in growth markets. The Group's
products are marketed under the Systemair, Frico, VEAB, Fantech, Menerga and
Holland Heating brands. Systemair shares have been quoted on the Mid Cap List
of the OMX Nordic Exchange in Stockholm since October 2007. The Group
comprises about 60 companies.

Press release (PDF)
http://hugin.info/138279/R/1954788/711512.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Systemair AB via Globenewswire

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