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Systemair strengthens the organization for the future and changes Group management

December 9, 2021, 08:00
Regulatory information

Press Release, December 9, 2021

Systemair is further developing with a focus on profitability and increased growth. The demand in the world is increasing for both energy-saving and efficient products as well as good ventilation to reduce the spread of infection. This, combined with the initiatives launched by several countries and regions in the form of recovery funds as a result of the pandemic, means a very favorable market for the Group. As part of the Group's future investment, two new recruitments have been made in strategically important areas.

Anders Gustafsson is appointed to be the new Vice President Global Supply Chain, responsible for production, purchasing, logistics and technology. He has a background from i.e., Konecranes with responsibility for global manufacturing and distribution and from Atlas Copco as VP Manufacturing with responsibility for 14 factories. Anders will start in February 2022.

Janni Weber is appointed to be the new Vice President M&A responsible for acquisitions, company integration and business development. Janni has a background from Sandvik Coromant with responsibility for strategy, acquisitions and integration. He also built up a new function to handle strategic prospects, market and industry analyzes. Janni will start in February 2022.

With their deep experience and broad competencies, Anders and Janni will strengthen us in two strategically important areas. With the new Group management in place, we can continue our successful development of the Group, says Roland Kasper, CEO, Systemair.

From February 1, 2022, the new Group Management in Systemair will consist of Anders Gustafsson - VP Global Supply Chain, Janni Weber - VP M&A, Björn-Osvald Skandsen - VP Marketing, Olle Glassel - VP Sales,

Anders Ulff - CFO and Roland Kasper - CEO.

For further information contact:

Roland Kasper, CEO, + 46 73 094 40 13

Anders Ulff, CFO, + 46 70 577 40 09

Systemair AB, SE-739 30 Skinnskatteberg, Sweden, +46 222 440 00,

Systemair in brief
Systemair is a leading ventilation company with operations in 54 countries in Europe, North America, South America, the Middle East, Asia, Australia and Africa. The Company had sales of SEK 8.5 billion in the 2020/21 financial year and employs approximately 6,500 people. Systemair has reported an operating profit every year since 1974, when the company was founded. Over the past 10 years, the Company's growth rate has averaged about 10 percent. Systemair helps to improve the indoor climate with the help of energy-efficient and sustainable products that reduce carbon dioxide emissions.

Systemair has well-established operations in growth markets. The Group's products are marketed under the Systemair, Frico, Fantech and Menerga brands. Systemair shares have been quoted on the Mid Cap List of the Nasdaq OMX Nordic Exchange in Stockholm since October 2007. The Group comprises about 90 companies.