Lindab Acquires Irish Ventilation & Filtration to Expand Operations in Ireland
Lindab, the leading ventilation products manufacturer, has recently acquired Irish Ventilation & Filtration Limited, a well-established distributor of ventilation products. The acquisition is part of Lindab’s growth strategy, aimed at expanding its operations in Ireland and gaining access to new customer categories.
Acquisition Brings Access to New Customer Categories in Ireland
With the acquisition of Irish Ventilation & Filtration, Lindab is set to strengthen its presence in Ireland and gain access to new customer categories. The Irish company primarily offers filters and fans, as well as dampers, grilles, and ventilation ducts. They also design and manufacture air handling units.
The acquisition will enable Lindab to tap into the maintenance and repair departments of large international companies, as well as mechanical contractors. This move provides a stable business and long-term relationships with customers, says Ola Ringdahl, President and CEO of Lindab.
Solid Ventilation Knowledge and Strong Service Focus
Irish Ventilation & Filtration is a customer-focused company with a high level of service and solid ventilation knowledge. This acquisition complements Lindab on many levels, says Ringdahl. The acquisition brings together two companies with a shared focus on high-quality products and long-term relationships with customers and suppliers.
Irish Ventilation & Filtration’s management team and all five owners will continue to be part of the company going forward. This move ensures continuity and smooth transition in the company’s operations.
Irish Ventilation & Filtration’s Strong Market Position
Irish Ventilation & Filtration has built a strong position in the ventilation industry in Ireland over the past 25 years. The company is based in Crumlin, outside of Dublin, and has an annual turnover of around SEK 100 million, with a higher operating margin than Lindab.
“We are very much looking forward to becoming part of Lindab. We are looking forward to building the Irish Ventilation & Filtration brand as part of the Lindab Group,” says Paul Mongey, Managing Director of Irish Ventilation & Filtration.
The acquisition of Irish Ventilation & Filtration is a strategic move for Lindab to expand its operations in Ireland and gain access to new customer categories. This acquisition complements Lindab’s focus on high-quality products and long-term relationships with customers and suppliers. The move ensures continuity and a smooth transition for Irish Ventilation & Filtration’s management team and owners.
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