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Announced

Bravida acquires AB Venair.

Financials

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Electronic Components and Equipment

Private

energy efficiency products

Sweden

Acquisition

Pending

Single Bidder

Synopsis

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Bravida acquires AB Venair, to strengthen its position in HVAC in the Stockholm area. Financial terms were not disclosed. AB Venair is a leading player within HVAC in Stockholm. “The acquisition of AB Venair is in line with Bravida’s strategy to be the largest or second largest player in every local market where we are present. With AB Venair, we will strengthen our HVAC offering in the Stockholm area. In addition, through the acquisition, we will gain a very strong expertise in project management, with well-developed work processes. I am convinced that this will fit well into our operations”, Lars Täuber, Bravida Head of Division Stockholm.

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