Lindab International AB (publ) (0MWK.IL)
- PR Newswire
Lindab acquires Airmaster and establishes a new product area for decentralised ventilation
Lindab has signed an agreement to acquire Airmaster, a leading European company in decentralised ventilation. With the acquisition, Lindab establishes a new product area within the Group, with the ambition that decentralised ventilation will reach sales of SEK 2 billion by 2027.
- PR Newswire
Lindab triples its sales in the USA with the acquisition of Vicon, leading manufacturer of machines for rectangular ventilation ducts
Lindab acquires Vicon, the leading US manufacturer of rectangular ventilation duct machinery. Lindab is today, through the brands Spiro and Firmac, a leader in machines for the production of ventilation ducts in Europe. The acquisition more than triples Lindab's sales in the US while doubling global sales of machines for duct production.
- PR Newswire
Lindab's Interim Report Jan - Sep 2023: Operating margin exceeded 10 percent in a challenging market
Lindab reported its highest third quarter in terms of sales. Ventilation Systems increased sales due to completed acquisitions. For Profile Systems, the demand has stabilised. The operating margin has gradually improved during the year and exceeded 10 percent for the Group and for both business areas. Cash flow remained strong as a result of targeted efforts to reduce working capital.
