# 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.

- Type: Acquisition
- Announced: 2026-04-01
- Where: Netherlands, Netherlands
- Status: completed
- Products: HVAC solutions, ventilation, indoor air quality products
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Swegon](https://endata.com/companies/16491.md) (partner)
- [Airvance Group](https://endata.com/companies/89268.md) (acquirer)
- [UltimAir](https://endata.com/companies/91138.md) (target)

## Sources

- [airvancegroup.com](https://airvancegroup.com/en/airvance-group-is-establishing-its-presence-in-the-netherlands-with-the-acquisition-of-ultimair/), 2026-04-01: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.