FläktGroup divests its Swedish Residential Air Handling Unit (Resi AHU) assets
We are pleased to announce that FläktGroup has, on 6 December 2024, signed an agreement to divest its Swedish Residential AHU assets to Fläkten Systems AB. The targeted closing date is 30 December 2024. Transaction scope covers the trademarks and product IP for the Resi AHU range aimed at the Swedish market (e.g. MiniMaster, VillaMaster), relevant production equipment currently located in Warsaw, Poland, as well as all relevant inventory in Järna and Warsaw. The Buyer will also take over the warranty claims associated with the products.
Fläkten Systems AB is a newly started, entrepreneur-led Swedish company with a focus on quality, innovation and regional growth. The company is backed by strong investors: JM Indutech AB, Swedish-based company with a focus on metal production, and GD Vent, an established player in rectangular ventilation ducts for residential and commercial buildings.
Fläkten Systems AB’s aim is to establish the Residential AHU production in Lycksele, Northern Sweden, together with their own sales and spare parts operations. FläktGroup’s customer and supplier agreements are not part of the transaction scope.
Ilox Residential air handling unit range is not included in the transaction scope and will be discontinued as per previous communication end of 2024.