Grundströms Plåt i Kiruna is a profitable ventilation company and sheet metal workshop. The company carries out ventilation projects in renovations, expansions and new construction for companies in the mining industry as well as for construction projects and existing properties. The acquisition has expanded airteam’s geographic presence and customer base, thereby broadening its offering to the industry.
The acquisition is in line with the Nordic ventilation giant airteam’s strategy to strengthen its presence in the Swedish market, and is in line with Ratos’s acquisition strategy, in which both smaller and larger add-on acquisitions in existing companies play an important role.
“airteam is continuing its journey of growth in Sweden, and with this acquisition it is taking an additional step towards the goal of being the Nordic region’s leading specialist in ventilation projects. It’s particularly exciting that the Ratos companies SSEA and NVBS, which operate in construction and infrastructure maintenance, respectively, already operate in the region. This will allow airteam to hit the ground running with excellent partnership opportunities,” says Christian Johansson Gebauer, Chairman of the Board of airteam and President, Business Area Construction & Services, Ratos.
“This acquisition is strategically important for airteam. We are convinced that there is a clear opening in the Swedish market for a leading, modern and sustainable ventilation company like airteam,” says Poul Pihlmann, President and CEO, airteam.
About airteam
airteam is a Nordic supplier of climate and ventilation solutions, with a market-leading position in the Danish home market and strong growth in the Swedish market. At airteam, value is created through a customer-oriented corporate culture with talented and dedicated employees who maintain strong relationships with customers and suppliers. Ratos is the majority owner.
For further information, please contact
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21
Poul Pihlmann, President and CEO, airteam, +45 40 64 09 71
About Ratos
Ratos is a business group consisting of 15 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2021, the companies have approximately SEK 26 billion in net sales. Our business concept is to own and develop companies that are or can become market leaders. We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in execution and It’s All About People. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas.
