Airvance Group acquires UltimAir from Swegon Group

Airvance Group has acquired UltimAir, a Dutch distributor of HVAC solutions, from Swegon Group AB. The transaction was finalized on March 31, 2026, and strengthens Airvance's presence in the Benelux region.

“Airvance Group announces the acquisition of UltimAir, a subsidiary of Swegon Group AB, a leading Dutch distributor of heating, ventilation, and air conditioning (HVAC) solutions.”airvancegroup.com

• 1 source
• airvancegroup.comAirvance Group is establishing its Presence in the Netherlands with the Acquisition of UltimAir. - AirvanceApr 1, 2026

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